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 $ 4.00 Cost per Delivery $6,050 $ 680 $ 1.00 Pitza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.89 $2.20 $ 700 $456 52,010 s De $ 0.20 In November, the pizzeria budgeted for 1770 pizzas at an average selling price of $14 per pizza and for 210 deliveries. In November, the pizzeria budgeted for 1.770 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results 1,870 190 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 26,800 8,470 $ 5.990 s 92e 532 1.000 $ 456 $ 2,010 $ 832 Required: 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for pizzeria for November. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" effect (.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Bidaat 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 os positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Actual Results 1,870 190 Planning Budget Puzas Delivenes $ 26,800 8,470 5,990 920 532 Revenue Expenses Pizza ingredients Kitchen Stall Uites Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating incomo 1000 456 2010 832 20 210 6,590 $