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 1,900 200 Flexible Budget Pizzas Deliveries Revenue $ 29,130 Expenses: Pizza ingredients 8,650 6,010 Kitchen staff Utilities 925 Delivery person 580 Delivery vehicle 1,002 Equipment depreciation 464 Rent 2,030 Miscellaneous Total expense 838 20,499 8,631 Net operating income 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 driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per cost per Pizza Delivery $ 4.10 $6,070 $ 690 $ 0.10 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.90 $2.30 $ 710 $ 464 $2,030 $ 810 $ 0.05 In November, the pizzeria budgeted for 1,800 pizzas at an average selling price of $15 per pizza and for 220 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 1,900 200 $ 29, 130 $ 8,650 $ 6,010 $ 925 $ 580 $ 1,002 $ 464 $ 2,030 $ 838