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: Fixed Cost per Month Pizza ingredients Cost per Pizza $ 4.60 Cost per Delivery Kitchen staff Utilities Delivery person Delivery vehicle $ 6,170 $ 740 $ 0.60 $ 760 $ 3.40 $ 1.60 Equipment depreciation $ 504 $ 2,130 $ 860 $ 0.20 Rent Miscellaneous In November, the pizzeria budgeted for 1,950 pizzas at an average selling price of $20 per pizza and for 190 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Actual Results 2,050 170 $ 41,680 $ 9,550 $ 6,110 $ 950 $ 578 $ 1,012 $ 504 $ 2,130 $ 868 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.e., zero variance). Input all amounts as positive values.) Pizzas Deliveries Actual Results 2,050 170 $ 41,680 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Revenue Expenses: Pizza ingredients 9,550 Kitchen staff 6,110 Utilities 950 Delivery person 578 Delivery vehicle 1,012 Equipment depreciation 504 Rent 2,130 Miscellaneous 868 Total expense 21,702 0 0 Net operating income $ 19,978 $ 0 $ 0