Problem 9-21 More Than One Cost Driver (LO9-2, LO9-3, LO9.4, LO9-5] 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 pizzerla's owner has determined that the shop has two major cost drivers-the number of pizzas sold and the number of deliverles made. The pizzeria's cost formulas appear below. Fixed Cost per Month Cost per Pizza $ 4.82 Cost per Delivery $6.210 $ 760 $ 0.88 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.60 $1.80 $ 780 $ 520 $ 2.170 $ 880 $ 0.20 In November, the pizzeria budgeted for 2010 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 2.110 Pizzas Deliveries 192 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 38,240 $ 9.910 $ 6.150 $ 960 494 $ 1.016 $ 520 $ 2,170 $ 880 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 (1.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Actual Results 2.110 190 Deliveries Revenue $ 30.240 9.910 6.150 Expenses Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation 960 Rent 494 1,016 520 2.170 880 22.100 8.140 Miscellaneous Total expense Net operating income $