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.

The pizzeria's cost formulas appear below:

Fixed Cost

per MonthCost per

PizzaCost per

DeliveryPizza ingredients$4.30Kitchen staff$5,890Utilities$600$0.20Delivery person$3.00Delivery vehicle$620$1.40Equipment depreciation$392Rent$1,850Miscellaneous$720$0.10

In November, the pizzeria budgeted for 1,530 pizzas at an average selling price of $14 per pizza and for 210 deliveries.

Data concerning the pizzeria's actual results in November appear below:

Actual ResultsPizzas1,630Deliveries190Revenue$23,360Pizza ingredients$7,030Kitchen staff$5,830Utilities$880Delivery person$570Delivery vehicle$984Equipment depreciation$392Rent$1,850Miscellaneous$784

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.)