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 $ 4.30 Cost per Delivery $6,330 $ 820 $ 8.40 Pizza ingredients Kitchen statt Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.20 $1.30 $ 840 $ 568 $2,290 $ 940 $ 0.20 In November, the pizzeria budgeted for 2.190 pizzas at an average selling price of $20 per pizza and for 190 deliveries Data concerning the pizzerla's actual results in November were as follows: Actual Results 2,290 170 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 46,560 $ 10,990 $ 6,270 $ 990 $ 544 $ 1,028 $ 568 $ 2,290 $ 916 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 Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Flexible Variances Budget 2290 Actual Results 2.290 170 Planning Budget 2,190 Pizzas Deliveries $ 46,560 10,990 6,270 990 544 Revenue Expenses: Pizza ingredients Kitchen staff Utistes Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1,028 568 2,290 916 23,596 22,964 0 0 0 0 5 $ S