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 pizzerias owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.

The pizzerias cost formulas appear below:

	Fixed Cost per Month	Cost per Pizza	Cost per Delivery
Pizza ingredients		$ 4.80
Kitchen staff	$ 6,210
Utilities	$ 760	$ 0.80
Delivery person			$ 2.60
Delivery vehicle	$ 780		$ 1.80
Equipment depreciation	$ 520
Rent	$ 2,170
Miscellaneous	$ 880	$ 0.20

In November, the pizzeria budgeted for 2,010 pizzas at an average selling price of $14 per pizza and for 210 deliveries.

Data concerning the pizzerias actual results in November were as follows:

	Actual Results
Pizzas	2,110
Deliveries	190
Revenue	$ 30,240
Pizza ingredients	$ 9,910
Kitchen staff	$ 6,150
Utilities	$ 960
Delivery person	$ 494
Delivery vehicle	$ 1,016
Equipment depreciation	$ 520
Rent	$ 2,170
Miscellaneous	$ 880

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.)