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: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Fixed Cost per Month Cost per Pizza $ 4.30 Cost per Delivery $ 6,110 $ 710 $ 0.30 $ 3.10 $ 730 $ 1.30 $ 480 $ 2,070 $ 830 $ 0.15 In November, the pizzeria budgeted for 1,860 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: Actual Results 1,960 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person 220 $ 33,970 $ 9,010 $ 6,050 $ 935 $ 682 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 1,006 $ 480 $ 2,070 $ 850 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Pizzas Deliveries Actual Results 1,960 220 $ 33,970 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Revenue Expenses: Pizza ingredients 9,010 Kitchen staff 6,050 Utilities 935 Delivery person 682 Delivery vehicle 1,006 Equipment depreciation 480 Rent 2,070 Miscellaneous 850 Total expense 21,083 0 Net operating income $ 12,887 $ 0 $ 0