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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. cost per Delivery Piza ingredients kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Fixed Cost Cost per per Month Pizza $ 3.50 $ 5.220 $ 610 50.05 $ $ 3.50 1.se $ $ 540 275 1.830 Miscellaneous $ 820 $ 0.15 In November, the pizzeria budgeted for 1.200 pizzas at an average selling price of $13.50 per pizza and for 180 deliveries Data concerning the pizzeria's actual results in November appear below Actual Results 1.240 Piras Deliveries $ $ Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipeent depreciation 17.420 4,985 5.281 984 6419 $ 655 $ Miscellaneous 1,830 954 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 (.e., zero variance). Input all amounts as positive values.)

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