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 Cost per per Month Pizza ingredients Pizza $ 4.50 Cost per Delivery Kitchen staff $ 6,150 Utilities Delivery person $ 730 $ 0.50 Delivery vehicle $ 750 $ 3.30 $ 1.50 Equipment depreciation $ 496 $ 2,110 Miscellaneous $ 850 $ 0.25 Rent In November, the pizzeria budgeted for 1,920 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 2,020 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person 160 $ 39,050 $ 9,370 $ 6,090 $ 945 $ 528 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 1,010 $ 496 $ 2,110 $ 862 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 Revenue Expenses: Pizza ingredients Actual Results 2,020 160 69 $ 39,050 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Variances Flexible Budget Activity Variances Planning Budget 9,370 Kitchen staff 6,090 Utilities 945 Delivery person 528 Delivery vehicle 1,010 Equipment depreciation 496 Rent 2,110 Miscellaneous 862 Total expense 21,411 0 0 Net operating income $ 17,639 $ 0 $ 0