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 $ 5.00 Cost per Delivery $ 6,250 $ 780 $ 1.00 $ 800 $ 2.80 $ 2.00 $ 536 $ 2,210 $ 900 $ 0.10 In November, the pizzeria budgeted for 2,070 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Kitchen staff Pizza ingredients Utilities Delivery person Actual Results 2,170 210 $ 35,440 $ 10,270 $ 6,190 $ 970 $ 588 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 1,020 $ 536 $ 2,210 $ 892 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.) 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.) Pizzas Deliveries Revenue Actual Results 2,170 210 $ 35,440 Expenses: Pizza ingredients 10,270 Kitchen staff 6,190 Utilities 970 Delivery person 588 Delivery vehicle 1,020 Equipment depreciation 536 Rent 2,210 Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Miscellaneous Total expense 892 22,676 0 0 Net operating income $ 12,764 $ 0 $ 0