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 55,930 $ 620 Cost per Pizza $ 4.50 Cost per Delivery $ 0.00 Pitze Ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3:20 $1.60 $ 640 5 405 31.090 3740 $ 0.20 in November, the pizzeria budgeted for 1590 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below. Pizzas Deliveries Actual Results 1,690 210 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 27,600 $ 7,390 5 5,870 $ 890 $ 672 $ 988 $ 408 $ 1,090 5 796 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 "P" for favorable. "U" for unfavorable, and "Nono" for no effect (... zero variance), Input all amounts os positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 1,690 210 $ 27.600 uces 7390 5,870 890 672 Revenue Expenses Plzza ingredients Kitchen statt Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 988 408 1 890 796 18.904 3.696 $