please answer question #2

File Edit Insert Format Arrange View Share Window Help PO-21 in class template 15 dit Table Actual Results 1240 and Spending Variances Flexible Budget 1240 Activity Variances Pizzas (9.)...... Deliveries (2)......... Planning Budget 1200 180 174 174 17420 680 F 16740 540 F 16200 Revenue ($_ )...... Expenses: Pizza ingredients ($_ _41) Kitchen staff ($_ )..... Utilities ($_ _+$._ 41)....... Delivery person ($_ _)...... Delivery vehicle($__+$__92). Equipment depreciation ($__).. Rent ($_)....... Miscellaneous ($__+$__9.). Total expense .......... 4985 5281 984 609 655 152 U ON 20 21 F 273 U 61 U 292 U ON 146 F ON ON 52 F 428 U 4712 5220 692 609 801 275 1830 1006 15145 4560 5220 690 630 810 275 1830 Rows 9 F Colum 1830 ON Table 954 1 15573 130 U 1000 15015 Table Net operating income .............. 1185 252 F 1595 910 F 1185 Total expense........................... 15573 4280 15145 130 U 15015 Net operating income................ 1185 252 F 1595 110 F 2. Please comment on the activity variances and the spending variances. What can you observe? What could be the reasons for these variances? LAS OHL