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 Cont per Pizza $ 4.20 Cost per Delivery $6,310 $ 810 $.0.30 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Mincellaneous $3.10 $1.20 $ 830 $ 560 $2,270 $ 930 $ 0.15 In November, the pizzeria budgeted for 2,160 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizza Deliveries Actual Results 2,260 160 Revenue Pizza ingredients kitchen statt Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 43,690 10,810 $ 6,250 $ 985 496 1,026 s 560 2,270 910 Reqy 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 (l.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 2,260 160 $ 43,690 Revenue Expenses Piazza ingredients Kitchen staff 10,810 6,250 Utilities 985 496 1,026 560 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 2.270 910 23,307 20,383 $