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 Pizza ingredients Cost per Pizza $ 4.20 Cost per Delivery Kitchen staff $6,310 Utilities $ 810 $ 0.30 Delivery person Delivery vehicle $ 830 $3.10 $1.20 Equipment depreciation Rent $ 560 $2,270 Miscellaneous $ 930 $ 0.15 In November, the pizzeria budgeted for 2,160 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Revenue Actual Results 2,260 160 $ 43,690 Pizza ingredients $ 10,810 Kitchen staff Utilities $ 6,250 $ 985 Delivery person $ 496 Delivery vehicle $ 1,026 Equipment depreciation Rent $ 560 Miscellaneous $ 2,270 $ 910 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 Pizzas Deliveries Flexible Budget Performance Report For the Month Ended November 30 Actual Results Flexible Budget Planning Budget 2,260 160 Revenue $ 43,690 Expenses: Pizza ingredients 10,810 Kitchen staff 6,250 Utilities 985 Delivery person 496 Delivery vehicle 1,026 Equipment depreciation 560 Rent 2,270 Miscellaneous 910 Total expense 23,307 Net operating income $ 20,383