1. Milano Pizza is a small pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzerias owner has determined that the shop has two major cost drivers number of pizzas sold and number of deliveries made. Data concerning the pizzerias costs appear below:

	Fixed Cost / Month	Cost / Pizza	Cost / Delivery
Pizza Ingredients		$3.80
Kitchen Staff	$5,220
Utilities	$630	$0.05
Delivery Person			$3.50
Delivery Vehicle	$540		$1.50
Equipment Depreciation	$275
Rent	$1,830
Miscellaneous	$820	$0.15

In November, the pizzeria budgeted for 1,200 pizzas at an average selling price of $13.50 per pizza and for 180 deliveries.

Data concerning the pizzerias operations in November appear below:

	Actual Results
Pizzas	1,240
Deliveries	174
Revenue	$17,420
Pizza Ingredients	$4,985
Kitchen Staff	$5,281
Utilities	$984
Delivery Person	$609
Delivery Vehicle	$655
Equipment Depreciation	$275
Rent	$1,830
Miscellaneous	$954

Required:

Compute the activity, revenue, and spending variances for each item and in total for November. Do not forget to mark favorable or unfavorable for each item. (It may help to create standard and flexible budgets and actual results side by side)