Given the information below, answer the questions from #$4$ to #$6.$

As a manager, you want to analyze only significant budget variances on a monthly basis. Your company recommends the criteria below to determine if the budget variances are significant.$$

$(1)$ Revenues $($sales$)$If both $variance exceeds $$$$5,000$ and $\%$variance exceeds $4\%,$ the variance is significant.$(2)$ Fixed Expenses $($F$)$If $variance exceeds $$$$100,$ the variance is significant.$(3)$ Variable Expenses $($V$)$If both $variance exceeds $$$$500$ and $\%$variance exceeds $2\%,$ the variance is significant.Period: Nov $1-30,2023$BudgetActual$ Variance$\%$ Variance

Sig$/$Non$-$sig

Favorable $/$Unfavorable

Room Sales

$$200,000$

$$196,000$

Food Sales

$$50,000$

$$65,000$

Cost of Food Sold $($V$)$

$$15,000$

$$16,000$

Labor $($F$)$

$$10,000$

$$9,700$

Labor $($V$)$

$$15,000$

$$15,200$

Supplies $($V$)$

$$2,500$

$$2,700$

Franchise Fees $($V$)$

$$4,000$

$$4,480$

Depreciation $($F$)$

$$6,000$

$$6,000$

Insurance $($F$)$

$$3,000$

$$2,050$

Property taxes $($F$)$

$$3,000$

$$3,000$

Which account shows significant and unfavorable variance during this period?

Group of answer choices

Labor $($Fixed expense$)$

Food Sales

Cost of Food Sold

Labor $($Variable expense$)$