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 pert Month Cost per Pizza $ 4.50 Cost per Delivery $5,930 $ 620 $ 0.40 Piana ingredients Kitchen statt Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.20 $1.60 $ 640 408 $1,890 $ 740 $ 0.20 In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Resulta 1,690 210 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 27,600 $ 7,390 $ 5,870 $ 890 $ 672 $ 988 $ 408 $ 1,890 $ 796 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 Porformance Report For the Month Ended November 30 Flexible Budget 1,690 210 Actual Results 1,690 210 Pizzas Planning Budget 1,690 230 Deliveries $ 27.600 $ 560F $ 27.040 $ 1,600 F $ 25,440 7.390 5,870 890 215 F 60F 406 F 7,605 5,930 1.296 450 U O None 7.155 5,930 1,256 400 672 Revenue Expenses : Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Not operating income 0 None 672 64F 736 988 976 32 F 120 o None O None 408 O None O None 1,008 408 1,890 1,890 408 1,890 796 18,904 8,696 F $