Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzeria's owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.

Data concerning the pizzeria's costs appear below:

Fixed Cost

per MonthCost per

PizzaCost per

DeliveryPizza ingredients$4.00Kitchen staff$6,270Utilities$790$.10Delivery person$2.90Delivery vehicle$810$2.10Equipment depreciation$544Rent$2,230Miscellaneous$910$.05

In November, the pizzeria budgeted for 2,100 pizzas at an average selling price of $17 per pizza and for 240 deliveries.

Data concerning the pizzeria's operations in November appear below:

Actual

ResultsPizzas2,200Deliveries220Revenue$38,130Pizza ingredients$10,450Kitchen staff$6,210Utilities$975Delivery person$638Delivery vehicle$1,022Equipment depreciation$544Rent$2,230Miscellaneous$898

Required:

1.Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November.(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)