The pizzerias owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.

In November, the pizzeria budgeted for 1,770 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzerias actual results in November were as follows:

1. Complete the flexible budget performance report below. It shows revenue/spending variances, activity variances, and total variances for November. Besides the variances, you must fill in costs for Utilities and Delivery Vehicle.Indicate the effect of each variance using "F" for favorable, "U" for unfavorable, and "N for none or no effect. Input all amounts as positive values.Note: The table below includes a total variance column. Total Variance is a combination of the other 2 variances. It is the difference between the planning budget and the actual results.

Fixed Cost per Month Cost per Pizza Cost per Delivery Pizza ingredients $ 4.00 Kitchen staff $ 6,050 Utilities $ 680 $ 1.00 Delivery person $ 2.80 Delivery vehicle $ 700 $ 2.20 Equipment depreciation $ 456 Rent $ 2,010 Miscellaneous $ 800 $ 0.20 Actual Results Pizzas 1,870 Deliveries 190 Revenue $ 26,800 Pizza ingredients $ 8,470 Kitchen staff $ 5,990 Utilities $ 920 Delivery person $ 532 Delivery vehicle $ 1,000 Equipment depreciation $ 456 Rent $ 2,010 Miscellaneous $ 832 Salamone's Pizza For the Month Ending Nov 30 Actual Results Revenue & Spending Variance Flexible Budget Activity Variance Planning Budget Total Variance Pizzas 1,870 1,870 1,770 Deliveries 190 190 210 $ 26,800 620 F 26,180 24,780 Revenue Expenses: Pizza ingredients 8,470 7,480 7,080 Kitchen staff 5,990 6,050 6,050 Utilities Delivery person 532 532 588 Delivery vehicle Equipment depreciation 456 456 456 Rent 2,010 2,010 2,010 Miscellaneous 832 1,174 1,154 Total Expense 20,210 21,370 20,950 Operating income 6,590 4,810 3,830 2,760 F