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 $6,270 5790 $ 8.10 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.90 $2.10 $ 810 $ 544 $2,230 $ 910 $ 0.05 In November, the pizzeria budgeted for 2.100 pizzas at an average selling price of $17 per pizza and for 240 deliveries Data concerning the pizzeria's actual results in November appear below. Pizza Deliveries Actual Results 2,200 220- Revenue Pizza ingredients Kitchen statt utilise Delivery person Derivacy vehicle Shipment tien Rent Micelles S8, 1:30 $ 19,450 0,210 975 618 1922 544 2.21 08 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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). 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 2.200 220 Revenue $ 38,130 Expenses Paz ingredients 10.450 Kitchen Sta 8.210 Utilities 075 838 Delivery person Delivery vehicle Equipment depreciation 1,022 544 Rent Miscellaneous 2.230 898 22.067 Total expense Net operating income $ 15.163