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 driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per cost per Pizza Delivery $ 3.80 $ 5,220 $ 630 $ 0.05 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 3.50 $ 1.50 $ 540 $ 275 $ 1,830 $ 820 $ 0.15 In November, the pizzeria budgeted for 1,200 pizzas at an average selling price of $13.50 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Actual Results 1,240 174 Revenue Pizza ingredients Kitchen staff Utilities A A A A $ 17,420 4,985 5,281 $ 984 Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ $ $ $ $ $ 984 609 655 275 1,830 954 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 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 1,240 174 Revenue $ 17,420 Expenses Pizza ingredients 4,9851 4,985 Pizza ingredients Kitchen staff 5,281 984 Utilities 609 Delivery person Delivery vehicle Equipment depreciation 655 Rent 275 1,830 954 15,573 Miscellaneous Total expense Net operating income 0 $ 1,847 $ $