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 Cost per Cost per Delivery per Month Pizza $ 5.00 $6,030 $ 670 $ 0.90 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.70 $ 2.10 $ 690 $ 448 $1,990 $ 790 $ 0.15 In November, the pizzeria budgeted for 1,740 pizzas at an average selling price of $13 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Actual Results 1,840 180 24,530 $ 8,290 $ 5,970 $ 915 $ 486 $ 998 $ 448 $ 1,990 826 Required: 1. Compute the revenue and spending 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.) Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Actual Revenue and Spending Results Variances 1,840 Flexible Budget Pizzas Deliveries 180 Revenue $ 24,530 Expenses: Pizza ingredients 8,290 Kitchen staff 5,970 Utilities 915 Delivery person 486 Delivery vehicle 998 Equipment depreciation 448 Rent 1,990 Miscellaneous 826 Total expense 19,923 Net operating income $ 4,607