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 $4.30 Fixed Cost per Month Pizza ingredients Kitchen staff $6, 110 Utilities $ 710 Delivery person Delivery vehicle $ 730 Equipment depreciation $ 480 Rent $2,070 Miscellaneous $ 830 $0.30 $3.10 $1.30 $0.15 In November, the pizzeria budgeted for 1,860 pizzas at an average selling price of $17 per pizza and for 240 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 Actual Results 1,960 220 $33,970 $ 9,010 $ 6,050 $ 935 $ 682 $ 1,006 $ 480 $ 2,070 $ 850 Rent Miscellaneous 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 Flexible Results Spending Variances Budget 1,960 220 Pizzas Deliveries $ 33,970 9,010 6,050 935 682 Revenue Expenses: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1,006 480 2,070 850 21,083 $ 12,887