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, 110 $ 710 $ 0.39 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 3.10 $1.30 $ 730 $ 480 $ 2,70 $ 830 $ 0.15 In November, the pizzeria budgeted for 1,860 pizzas at an average selling price of $17 per pizza and for 240 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 1,960 220 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilitie Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 33,970 $ 9, 10 $ 6,05 $ 935 $ 682 $ 1,206 $ 480 $ 2,070 $ 850 Required: 1. Complete the flexible budget performance report that shows both revenue and spending varlances and activity variances for the pizzeria for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) 1. Complete the flexible budget performance report that shows both revenue and spending varlances and activity varianc for the pizzeria for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Flexible Variances Budget Planning Budget Pizzas Deliveries Actual Results 1,960 220 Revenue s 33.970 Expenses: Pizza ingredients Kitchen staff 9,010 6,050 Utilities 935 Delivery person 682 1,006 Delivery vehicle Equipment depreciation Rent 480 2,070 850 Miscellaneous Total expense 21,083 0 0 Net operating income S 12,887 $ 0 $ 0