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: Cost per Fixed Cost per Month Cost per Delivery Pizza $ 4.89 $6,210 $ 760 $ 0.80 ces Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.60 $1.80 $780 $ 520 $2,170 $ BBC $ 0.20 in November, the pizzeria budgeted for 2.010 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 2,110 190 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person $ 30,240 $ 9,910 $ 6,150 $ 960 $ 494 Pizzas Deliveries Actual Results 2,110 190 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 30,240 $ 9,910 $ 6,150 $ 960 $ 494 $ 1,916 $ 520 2,170 $ 880 Required: 1. Complete the flexible budget performance ort 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 os positive volues.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Actual Results 2.110 100 Peras Deliveries Dent a 4 ::: Next 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 Planning Budget Pizzas Deliveries Actual Results 2.110 190 $ 30.240 Revenue Expenses Pizza ingredients Kitchen statt Utilities 9.9 6,150 960 494 Delivery person Delivery vehicle Equipment depreciation Ront Miscellaneous Total expense Net operating income 1,016 520 2,170 880 22.100 8,140 $