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: Cost per Cost per Pizza Delivery $ 4.20 Fixed Cost per Month Pizza ingredients Kitchen staff $6,090 Utilities $ 700 Delivery person Delivery vehicles 720 Equipment depreciation $ 472 Rent $2,050 Miscellaneous $ 820 $0.20 $3.00 $1.20 $0.10 In November, the pizzeria budgeted for 1,830 pizzas at an average selling price of $16 per pizza and for 230 deliveries Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Actual Results 1,930 210 $31,520 $ 8,830 $ 6,030 $ 930 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 1,930 210 $31,520 $ 8,830 $ 6,030 $930 $ 630 $ 1,004 $ 472 $ 2,050 $ 844 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 Flexible Budget 1,930 Pizzas Deliveries 210 $ 31.520 Revenue Expenses: Pizza ingredients 8,830 Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Actual Revenue and Spending Results Variances 1,930 Flexible Budget Pizzas Deliveries 210 Revenue $ 31,520 Expenses: Pizza ingredients Kitchen staff 8,830 6,030 Utilities 930 630 1,004 472 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 2,050 844 20,790 10,730 $