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Check my work Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free

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Check my work 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 drivers-the number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per Pizza $ 4.50 Cost per Delivery $6,150 $ 730 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 0.50 $3.30 $1.50 750 $ 496 $2,110 850 $ 0.25 In November, the pizzeria budgeted for 1.920 pizzas at an average seling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Actual Results 2,020 160 Revenue Pizza ingredients Kitchen staff $ 39,050 $ 9,370 $ 6,090 Check my w Pizzas Deliveries Actual Results 2,020 160 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 39,050 $ 9,370 $ 6,090 945 528 1,010 496 $ 2,119 862 Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity 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 Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Actual Results 2,020 Pizzas Darin 12 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Pizzas Deliveries Actual Results 2,020 160 Planning Budget $ 39,050 Revenue Expenses Pizza ingredients Kitchen staff 9,370 6,090 Utilities 945 528 1,010 496 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 2, 110 862 21.411 S 17,639

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