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 Fixed Cost per Month Cost per Pizza $ 4.70 Cost per Delivery $ 5,970 $640 $ 0.60 $660 $3.40 $1.80 $424. $1,930 $ 760 $ 0.06 Rent Miscellaneous In November, the pizzeria budgeted for 1,650 pizzas at an average selling price of $18 per pizza and for 250 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Actual Results 1.750 PLEAS 700 5.55 In November, the pizzeria budgeted for 1,650 pizzas at an average selling price of $18 per pizza and for 250 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 1,750 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities 230 $ 32,080 $ 7,750 $ 5,910 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 900 $ 782 $ 992 $ 424 $ 1,930 $ 808 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 Milano Pizza Flexible Budget Performance Report Actual Results 1,750 230 $ 32,080 For the Month Ended November 30 Revenue Expenses: Pizza ingredients 7,750 Kitchen staff 5,910 Utilities 900 Delivery person 782 Delivery vehicle 992 Equipment depreciation 424 Rent 1,930 Miscellaneous Total expense 808 19 4961 Flexible Planning Budget Budget Pizzas Deliveries Revenue Foi te monui clued November Flexible Actual Results Budget Planning Budget 1,750 230 $ 32,080 Expenses: Pizza ingredients Kitchen staff 7,750 5,910 Utilities 900 Delivery person 782 Delivery vehicle 992 Equipment depreciation 424 Rent Miscellaneous 1,930 808 Total expense 19,496 Net operating income $ 12,584