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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.

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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 In November, the pizzeria budgeted for 1.620 pizzos at an average seling price of $17 per pizza and for 240 deliveries Data concerning the pizzeria's actual results in November were as follows: Required: 1 Complete the flexible budget pefformance report that shows both revenve and spendeng variances and activity variances for the pizzeria for November, (Indicate the effect of eoch vorionce by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance), Input all amounts as positive values.) 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, ond "None" for no effect (i.e., zero variance). Input all amounts as positive volues.)

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