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 pizzerias owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made. The pizzerias cost formulas appear below: Fixed Cost per Month Cost per Pizza Cost per Delivery Pizza ingredients $ 4.40 Kitchen staff $ 6,350 Utilities $ 830 $ 0.50 Delivery person $ 3.30 Delivery vehicle $ 850 $ 1.40 Equipment depreciation $ 576 Rent $ 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 pizzerias actual results in November appear below: Actual Results Pizzas 2,320 Deliveries 180 Revenue $ 49,490 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

Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November.