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Problem 9-19 (Algo) More Than One Cost Driver [LOB-2, Log-3, Loo-5, Log-s] Milano Pizza is a small neighborhood pizzeria that has a small area for

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Problem 9-19 (Algo) More Than One Cost Driver [LOB-2, Log-3, Loo-5, Log-s] Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering takeout and free home delivery services. The pizzeria's owner has determined thatthe shop has two major cost driversthe 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 Pizza Delivery Pizza ingredients $ 4.86 Kitchen staff $ 5,996 Utilities s 659 :5 am Delivery person $ 3.56 Delivery vehicle $ 5?6 $ 1.96 Equipment depreciation $ 432 Rent $ 1,959 Miscellaneous $ ??6 $ 6.16 In November. the pizzeria budgeted for 1,680 pizzas at an average selling price oi$19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results Pizzas 1,?86 Deliveries 166 Revenue $ 34,416 Pizza ingredients $ 7,936 Kitchen staff $ 5,936 Utilities $ ass Delivery person $ 556 Delivery vehicle $ 994 Equipment depreciation $ 432 Rent :3 1,959 Miscellaneous $ 314 Required: 1. Complete the flexible budget performance reportthat 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.) Required: 1- Complete the exible 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.) Variances Pizzas . _-_ Revenue Expenses: Piza ingredients Kitchen sta Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating income

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