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 pe Pizza $ 4.40 Cost per Delivery $6,350 $ 830 $ 0.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.30 $1.40 $ 850 $ 576 $2,310 $ 950 $ 0.25 In November, the pizzeria budgeted for 2,220 pizzas at an average selling price of $21 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results Pizzas 2,320 Deliveries 180 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 49,490 $ 11,170 $ 6,290 $ 995 $ 594 $ 1.030 $ 576 $ 2,310 922 Required: 1. Complete the flexible budoet Derfor ance renort that shows both revenue and spending variances and activity variances for the Prev 1 of 2 !!! Next > MacBook Air Check my 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 e riance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts a ositive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 2,320 180 $ 49,490 Revenue Expenses: Pizza ingredients 11,170 6,290 Kitchen staff Utilities 995 594 1.030 Delivery person Delivery vehicle Equipment depreciation Rent 576 2,310 922 Miscellaneous Total expense Net operating income 23,887 25,603 $ Prev 1 of 2 !!! Next > MacBook Air