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: Cost per Fixed Cost per Month Pizza Cost per Delivery $ 4.00 $6,270 $ 790 $ 0.10 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 were as follows: Actual Results 2,200 220 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 38, 130 $ 10,450 $ 6,210 $ 975 $ 638 $ 1,022 $ 544 $ 2,230 $ 898 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 (.e., zero variance). Input all amounts as positive values.) 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 (ie, zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Actual Results 2.200 220 Pizzas Deliveries $ 38,130 Revenue Expenses Pizza ingredients Kitchen stat 10.450 6.210 Uites 975 638 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1.022 544 2 230 898 22 967 15.163 $