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 plzzeria's owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliverles made. The pizzeria's cost formulas appear below: Fixed Cost Cost per Pizza $ 4.60 Cost per Delivery per Month $5,950 $ 630 $ 6.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.30 $1.70 $ 650 $ 416 $1,910 $ 750 $ 0.25 In November, the pizzeria budgeted for 1,620 pizzas at an average selling price of $17 per pizza and for 240 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Actual Results 1,720 220 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 29,810 $ 7,570 $ 5,898 $ 895 $ 726 $ 990 $ 416 $ 1,910 $ 802 Required: 1. Complete the flexible budget performance report that shows both revenue and spending varlances and activity variances for the pizzeria for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). 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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Actual Results Planning Budget 1,720 Pizzas Deliveries 220 Revenue $ 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 Miscellaneous 802 Total expense 19,199 0 Net operating income $ 10.611 S 0 s 0