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 Fixed Cost per Month Cost per Delivery Pizza $ 4.30 $ 6,330 $ 820 $ 0.40 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 3.20 $ 1.30 $ 840 $ 568 $ 2,290 $ 940 $ 0.20 In November, the pizzeria budgeted for 2,190 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 2,290 170 $ 46,560 $ 10,990 $ 6,270 $ 990 $ 544 $ 1,028 $ 568 $ 2,290 $ 916 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.) 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.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Flexible Results Budget 2,290 170 Planning Budget Pizzas Deliveries Revenue $ 46,560 Expenses: Pizza ingredients 10,990 Kitchen staff 6,270 Utilities 990 544 1,028 Delivery person Delivery vehicle Equipment depreciation Rent 568 2,290 Miscellaneous 916 23,596 0 0 Total expense Net operating income $ 22,964 $ 0 $ 0