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 pizzerias owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made. Data concerning the pizzerias costs appear below:

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. Data concerning the pizzeria's costs appear below: Fixed Cost Cost per Cost per per Month Pizza Delivery 4.60 Pizza ingredients 5,950 Kitchen staff 630 $0.50 Utilities 3.30 Delivery person 650 1.70 Delivery vehicle Equipment depreciation 416 1,910 Rent 750 $0.25 Miscellaneous In November, the pizzeria budgeted for 1,620 pizzas atan average selling price of $17 per pizza and for 240 deliveries. Data concerning the pizzeria's operations in November appear below: Actual Results Pizzas 720 Deliveries 220 $29,810 Revenue 7,570 Pizza ingredients 5,890 Kitchen staff 895 Utilities 726 Delivery person 990 Delivery vehicle Equipment depreciation 416 1,910 Rent 802 Miscellaneous 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 zero variance). input all amounts as positive values. Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Flexible Activity Variances Revenue S 29.810 Expenses: 7570 Pizza ingredients Kitchen staff 5,890 ties 726 Delivery person 900 Delivery vehicle Equipment depreciation Rent 1.9 10 Miscellaneous 1919 Total expense 10611 Net operating income Planning Budget