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 plzzerla'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. Cost per Fixed Cost per Month Cost per Delivery Pizza $ 4.60 $5,950 $ 630 $ 0.50 Pizza ingredients Kitchen sta Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.30 $1.70 $ 650 $ 416 $1,910 $ 750 $ 0.25 In November, the pizzerla budgeted for 1,620 pizzas at an average selling price of $17 per pizza and for 240 deliveries. Data concerning the pizzerla's actual results in November were as follows: Actual Results 1,720 220 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 29, 810 S 7,570 S 5,990 S 895 S 726 S 990 S 416 s 1,910 S 802 Required: 1. Complete the flexible budget performance report that shows both revenue and spending varlances and activity variances for the pizzerla for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Actual Results 1,720 Planning Budget Pizzas Deliveries 220 Revenue S 29,810 Expenses: Pizza ingredients 7,570 Kitchen staff 5,890 Utilities 895 Delivery person 726 990 Delivery vehicle Equipment depreciation Rent 416 1,910 802 Miscellaneous Total expense 19,199 10,611 Net operating income S