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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 Fixed cost Cost per -cost per Per Month Pitra Delivery Pizza Ingredients 54.10 Kitchen staff 56,290 Utilities 5 000 $ 0.20 Delivery person $3.00 Delivery vehicle $820 52.2 Equipment depreciation Rent 52,250 Miscellaneous $ 920 $0.10 5552 In November, the pizzeria budgeted for 2,130 pizzas at an average selling price of $18 per pizza and for 250 deliveries Data concerning the pizzeria's actual results in November appear below! Data concerning the pizzeria's actual results in November appear below Pizzas Deliveries Actual Results 2,230 230 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 40,880 $ 10,630 $ 6,230 $ 980 $ 690 $ 1,024 5 552 $2,250 904 Required: 1. Complete the flexible budget performance report that shows both revenue and spending vanances 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 os positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 2230 230 $ 40,880 10,630 6.230 980 690 Revenue Expenses Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 1,024 552 2.250 904 23.260 17620