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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 free home delivery services.

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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 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: In November, the pizzeria budgeted for 1,980 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: \begin{tabular}{lr} & \multicolumn{1}{c}{ Actual } \\ Pizzas & Results \\ Deliveries & 2,080 \\ Revenue & 180 \\ Pizza ingredients & $27,730 \\ Kitchen staff & 9,730 \\ Utilities & $6,130 \\ Delivery person & $955 \\ Delivery vehicle & $630 \\ Equipment depreciation & $1,014 \\ Rent & $512 \\ Miscellaneous & $2,150 \\ $874 \end{tabular} 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.)

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