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 driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: $ 810 $ 0.30 Fixed Cost Cost per Cost per per Month Pizza Delivery Pizza ingredients $ 4.20 Kitchen staff $ 6,310 Utilities Delivery person $ 3.10 Delivery vehicle $ 1.20 Equipment depreciation Rent $ 2,270 Miscellaneous $ 930 $ 0.15 In November, the pizzeria budgeted for 2,160 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: $ 830 $ 560 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Actual Results 2,260 160 $ 43,690 $ 10,810 $ 6,250 $ 985 $ 496 $ 1,026 $ 560 $ 2,270 $ 910 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.) 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 Actual Results Budget 2,260 Planning Budget Pizzas Deliveries Revenue 160 $ 43,690 10,810 6,250 985 496 Expenses: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1,026 560 2,270 910 23,307 0 0 $ 20,383 $ $ 0 $ 0