Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining 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. as well as offering take-out and free home The pizzeria's cost formulas appear below: Fixed Cost per Cost per Pizza Cost Delivery per Month Pizza ingredients Kitchen staff Utilities $4.60 $5,950 $ 630 $e.50 Delivery person Delivery vehicle Equipment depreciation $3.30 650 $1.70 $ 416 Rent $1,910 $ 750 Miscellaneous $e.25 In November, the pizzeria budgeted for 1,620 pizzas at an average selling price of $17 per plzza and for 240 deliveries. Data concerning the pizzeria's actual results in November appear below Actual Results 1,720 Pizzas 220 Deliveries $ 29,810 7,570 $ Revenue Pizza ingredients Kitchen staff 5,890 Data concerning the pizzeria's actual results in November appear below: Actual Results Pizzas Deliveries 1,720 220 Revenue $ 29,818 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation $ 7,570 $ 5,890 895 726 99e $ 416 Rent 1,910 $ Miscellaneous 802 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 varianice 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 Actual Results Flexible Planning Budget Budget Pizzas 1,720 effect (i.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Planning Budget Actual Results Flexible Budget Pizzas 1,720 Deliveries 220 S 29,810 Revenuo Expenses: 7,570 Pizza ingredients Kitchen staff 5,890 895 Utilities Delivery person 726 Delivery vehicle 990 Equipment depreciation 416 1,910 Rent 802 Miscellaneous 19,199 Total expense 10,611 Net operating income