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 driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per Pizza $ 4.30 Cost per Delivery $5,890 $ 600 $ 0.20 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.00 $1.40 $ 620 $ 392 $1,8 $ 720 $ 0.10 In November, the pizzeria budgeted for 1,530 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 1,630 190 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous es es eses es es es eses $ 23,360 7,030 5,830 880 570 984 392 1,850 784 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 1,630 190 Planning Budget Actual Results 1,630 190 Pizzas Deliveries Revenue $ 23,360 $ 22,820 Expenses: Pizza ingredients Kitchen staff 7,009 7,030 5,830 880 F None 570 None Utilities Delivery person Delivery vehicle Equipment depreciation None None None None Rent 984 392 1,850 784 18,320 5,040 Miscellaneous Total expense Net operating income $