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 Delivery person Delivery vehicle Equipment depreciation Fixed Cost per Morth Cost per Pizza Cost per Delivery $4.50 $6.150 $730 $0.50 $750 $3.30 $1.50 $4906 $2,110 $050 $0.25 Rent Miscellaneous In November, the pizzeria budgeted for 1,920 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 2.020 Deliveries Revenue 160 $39.050 Pizza ingredients $9.370 Kitchen staff $6.000 1945 Delivery person $528 Delivery vehicle $1,010 Equipment depreciation $406 Rent $2.110 $862 Miscellaneous 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.) Pizza Delivenes Actual Results 2,020 160 $ 39.050 Revenue Expenses Pizza ingredients 9.370 Kitchen staff 6,090 Usites 945 Delivery person 528 Delivery vehicle 1,010 Equipment depreciation 496 Rent 2.110 Miscellaneous 862 Total expense 21,411 Net operating income S 17.639 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Planning Budget Budget