Streeterville Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well offering takeout 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. Data concerning the pizzeria's costs appear below: Fixed Cost per Month Cost per Pizza $4.40 Cost per Delivery $5,910 $ 610 $0.30 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.10 $1.50 $ 630 $ 400 $1,870 $ 730 $0.15 In October, the pizzeria budgeted for 1,560 pizzas at an average selling price of $15 per pizza and for 220 deliveries. Data concerning the pizzeria's operations in October appear below: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Actual Results 1,660 200 $ 25,450 $ 7,210 $ 5,850 $ 885 $ 620 $ 986 $ 400 $ 1,870 $ 790 Required: 1. Compute the revenue and spending variances for the pizzeria for October. (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "Nono" for no effect (i.e., zero variance).) Streeterville Pizza Revenue and Spending Variances For the Month Ended October 31 Flexible Actual Revenue and Spending Budget Results Variances Revenue $ 24,900 $ 25,450 $ 550 F Expenses: Pizza ingredients 7,304 7,210 94F Kitchen staff 5,9101 5,850 6 0F Utilities 183 855 672 + Delivery person 620 6200 None Delivery vehicle 945 986 41 F Equipment depreciation 400 4000 None Rent 1,870 O None Miscellaneous 110 680 U Total expense 17,342 18,581 1,239 U Net operating income $ 7,558 $ 6,869 $ 689 F