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 pizzena's ownet 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 14.30 Cost per Delivery 16,330 $ 820 $ 0.40 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 33.20 $1.30 $ 840 5 568 52,299 3 910 $ 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 pizzeria's actual results in November were as follows Actual Results 2.290 Pizzas Deliveries 170 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 46,560 $ 10,990 $ 6,270 990 544 1 1,028 3 566 $ 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.) 1 Complete the flexible budget performance report that shows both revenue and spending variances and activity vatlances 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 Porformance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Delivenes Actual Results 2.290 170 $ 46,560 Revenue Expenses Pizza ingredients Kitchen staff 10.9901 6,270 990 544 Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1,028 558 2.290 916 23.596 22.964 0 DO $ 0 5