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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

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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 Five Cost Month Cost per Pinta $4.60 Cost per Delivery Pizza Ingredients kitchen start $6.10 3740 5 0.60 $3.40 $1.60 5760 Delivery person Delivery vehicle Equipment depreciation Miscellaneous $2,10 In November, the pizzeria budgeted for 1950 plazas at an average selling price of $20 per pizza and for 190 deliveries Data concering the pizzeria's actual results in November were as follows: Data conceming the pizzeria's actual results in November were as follows: Deliveries 10 $112 Kitchen start Utilities Delivery Delivery vehicle tout depreciation 5 1.012 Required: 1 Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzena for November indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect ... mere variance). Input all amounts os positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Plazas Deliveries Actual Results 2,050 170 5 41 680 9.559 6.110 950 578 Revenue Expenses Peza ingredients Kitchens tities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Nit operating income 1012 504 2.130 368 21702 S 19 973 Prey 4 of 4 Nox

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