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please! 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

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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 driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Pixed Cost per Month Cost per cost per Pizza Delivery $ 4.10 $6,070 $ 690 $ 0.10 Pizza Ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.90 $2.30 $ 710 $ 464 $2,030 $ 810 $ 0.05 In November, the pizzeria budgeted for 1,800 pizzas at an average selling price of $15 per pizza and for 220 deliveries Data concerning the pizzeria's actual results in November were as follows: Actual Results 1,900 200 Pizzas Deliveries Revenue Pizza ingredients Kitchen statt Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 29,130 $ 8,650 $ 6,010 $ 925 $ 580 $ 1,002 $ 464 $ 2,030 $ 838 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 Revenue and Spending Flexible Variances Budget 1,900 200 Activity Variances Actual Results 1,900 200 Planning Budget 1,800 220 Pizzas Deliveries $ 29,130 Revenue Expenses: Pizza ingredients Kitchen staff 8,650 6,010 Utilities 925 580 1,002 464 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income 2,030 838 0 20,499 8,631 0 0 $ $ 0 $

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