Cost per Pizza Cost per Delivery $4.30 Fixed Cost per Month Pizza ingredients Kitchen staff $6,330 Utilities $ 820 Delivery person Delivery $ vehicle 840 Equipment depreciation $ 568 Rent $2,290 Miscellaneous $ 940 $0.40 $3.20 $1.30 $0.20 In November, the pizzeria budgeted for 2.190 pizzas at an average selling price of $20 per pizza and for 190 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results Pizzas 2,290 Deliveries 170 Revenue $46,560 Pizza ingredients $10,990 Kitchen staff $ 6,270 Utilities $ 990 Delivery person $ 544 Delivery vehicle $ 1,028 Equipment 568 depreciation Rent $ 2,290 Miscellaneous 916 $ 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 (ie., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Flexible Planning Results Budget Budget Pizzas 2.290 Deliveries 170 Rouen CAR Sant ent Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activit variances for the pizzeria for November. (Indicate the effect of each variance by selecting "F" for favorable, "U 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 Actual Flexible Results Budget 2,290 170 Planning Budget Pizzas Deliveries $ 46,560 $ 760 Revenue Expenses: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 10,990 6,270 990 544 1,028 568 2,290 916 23,596 $ 22,964 0 0 $ 760 $ 0