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 ingredients Pizza $ 4.40 Cost per Delivery Kitchen staff $ 6,350 Utilities Delivery person $ 830 $ 0.50 Delivery vehicle $ 850 $ 3.30 $ 1.40 Equipment depreciation Rent $ 576 $ 2,310 Miscellaneous $ 950 $ 0.25 In November, the pizzeria budgeted for 2,220 pizzas at an average selling price of $21 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pizza ingredients Actual Results 2,320 180 $ 49,490 $ 11,170 Kitchen staff Utilities Delivery person $ 6,290 $ 995 $ 594 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 1,030 $ 576 $ 2,310 $ 922 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. Pizzas Deliveries Revenue Actual Results 2,320 180 $ 49,490 Expenses: Pizza ingredients 11,170 Kitchen staff 6,290 Utilities 995 Delivery person 594 Delivery vehicle 1,030 Equipment depreciation 576 Rent 2,310 Miscellaneous 922 Total expense 23,887 Net operating income $ 25,603 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Planning Budget Budget