Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and ia'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 $ 4.40 cost per Delivery $ 6, 350 $ 830 $ 0.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $3.30 $1.40 $ 850 $ 576 $2,310 $ 950 $ 0.25 In November, the pizzeria budgeted for 2,220 pizzas at an average selling price of $21 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 2,320 180 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 49,490 $ 11,170 $ 6,290 $ 995 $ 594 $ 1,030 $ 576 $ 2,310 $ 922 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 Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 2,320 180 $ 49,490 Revenue Expenses: Pizza ingredients Kitchen staff 11,170 6,290 Utilities 995 Delivery person 594 1,030 Delivery vehicle Equipment depreciation 576 Rent 2,310 922 Miscellaneous Total expense Net operating income 23,887 25,603 $