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Milano Pizza is a small neighborhood pizzeria that has a small area for in - store dining as well as offering take - out and

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 drivers
the number of pizzas sold and the number of deliveries made.
The pizzeria
s cost formulas appear below:
Fixed Cost per Month Cost per Pizza Cost per Delivery
Pizza ingredients $
5
.
0
0
Kitchen staff $
6
,
0
3
0
Utilities $
6
7
0
$
0
.
9
0
Delivery person $
2
.
7
0
Delivery vehicle $
6
9
0
$
2
.
1
0
Equipment depreciation $
4
4
8
Rent $
1
,
9
9
0
Miscellaneous $
7
9
0
$
0
.
1
5
In November, the pizzeria budgeted for
1
,
7
4
0
pizzas at an average selling price of $
1
3
per pizza and for
2
0
0
deliveries.
Data concerning the pizzeria
s actual results in November were as follows:
Actual Results
Pizzas
1
,
8
4
0
Deliveries
1
8
0
Revenue $
2
4
,
5
3
0
Pizza ingredients $
8
,
2
9
0
Kitchen staff $
5
,
9
7
0
Utilities $
9
1
5
Delivery person $
4
8
6
Delivery vehicle $
9
9
8
Equipment depreciation $
4
4
8
Rent $
1
,
9
9
0
Miscellaneous $
8
2
6
Required:
1
.
Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November.
Note: 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.
I need BOTH
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