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: cost per Fixed cost per Month Cost per Pizza $ 4.80 Delivery $6,210 $ 760 $ 0.80 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.60 $1.80 $ 780 $ 520 $2,170 $ 880 $ 0.20 In November, the pizzeria budgeted for 2,010 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November appear below: Pizzas Deliveries Actual Results 2,119 199 Revenue Pizza ingredients kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 30,240 $ 9,910 $ 6,150 $ 960 $ 494 $ 1,016 $ 529 $ 2,170 $ $ 880 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 Actual Results 2,110 Planning Budget Pizzas Deliveries 190 Revenue $ 30 240 Expenses: Pizza ingredients Kitchen staff 9.910 6,150 Utilities 960 494 1,016 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 520 2.170 880 Total expense 22,100 8.140 Net operating income $