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 Cost per Pizza Cost per Delivery

Pizza ingredients $ $4\mathrm{.}00$

Kitchen staff $ $6,050$

Utilities $ $680$ $ $1\mathrm{.}00$

Delivery person $ $2\mathrm{.}80$

Delivery vehicle $ $700$ $ $2\mathrm{.}20$

Equipment depreciation $ $456$

Rent $ $2,010$

Miscellaneous $ $800$ $ $0\mathrm{.}20$

In November, the pizzeria budgeted for $1,770$ pizzas at an average selling price of $$14$ per pizza and for $210$ deliveries.

Data concerning the pizzeria$$s actual results in November were as follows:

Actual Results

Pizzas $1,870$

Deliveries $190$

Revenue $ $26,800$

Pizza ingredients $ $8,470$

Kitchen staff $ $5,990$

Utilities $ $920$

Delivery person $ $532$

Delivery vehicle $ $1,000$

Equipment depreciation $ $456$

Rent $ $2,010$

Miscellaneous $ $832$

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.

For the Month Ended November $30$

$\backslash$table$[[,$Actual Results,$\backslash$table$[[$Flexible$],[$Budget$]],\backslash$table$[[$Planning$],[$Budget$]]],[$Pizzas$,1,870,,],[$Deliveries$,190,,],[$Revenue$,26,800,,],[$Expenses:$],[$Pizza ingredients,$8,470,,],[$Kitchen staff,$5,990,,],[$Utilities$,920,,],[$Delivery person,$532,,],[$Delivery vehicle,$1,000,,],[$Equipment depreciation,$456,,],[$Rent$,2,010,,],[$Miscellaneous$,832,,],[$Total expense,$20,210,0,0],[$Net operating income,$6,590,$$$,$$$]]$