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 deliverles made. The pizzeria's cost formulas appear below: Fixed Coat per Month Cost per Pizza $ 4.80 Coat per Delivery $5,990 $ 650 $ 0.70 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.50 $1.90 $ 670 $ 432 $1,950 $ 770 $ 0.10 In November, the pizzeria budgeted for 1,680 pizzas at an average selling price of $19 per pizza and for 180 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 1,780 160 $ 34,410 $ 7,930 $ 5,930 $ 905 $ 560 $ 994 $ 432 $ 1,950 $ 814 Required: 1. Compute the revenue and spending variances for the pizzeria for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.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 1,780 160 Flexible Budget Pizzas Deliveries $ 34,410 Revenue Expenses: Pizza ingredients Kitchen staff 7,930 5,930 Utilities 905 560 Delivery person Delivery vehicle Equipment depreciation 994 432 1,950 814 Rent Miscellaneous Total expense Net operating income 19,515 14,895 $