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 Rent Miscellaneous Fixed Cost per Month Cost per Pizza $ 4.00 Cost per Delivery $ 6,050 $ 680 $ 1.00 $ 2.80 $ 700 $ 2.20 $ 456 $ 2,010 $ 800 $ 0.20 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 1,870 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff 190 $ 26,800 $ 8,470 $ 5,990 Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 920 $ 532 $ 1,000 $ 456 $ 2,010 $ 832 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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values.) Pizzas Deliveries Revenue Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Results 1,870 190 S 26,800 $ 620 F Flexible Budget 1,870 190 Planning Budget 1,770 210 Expenses: Pizza ingredients 8,470 990 U Kitchen staff 5,990 60 F Utilities 920 F Delivery person 532 0 None Delivery vehicle 1,000 F 0 None U F F Equipment depreciation 456 0 None 0 None Rent 2,010 0 None 0 None Miscellaneous 832 F U Total expense 20,210 F 0 U 0 Net operating income $ 6,590 F $ 0 F $ 0