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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

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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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Actual Results 2.140 200 Planning Budget Pozas Delivenes 5 32,810 Revenue Expenses Pizza ingredients Kitchen statt 10,090 6,170 955 540 1,018 Utilities Delivery person Delivery vehicle Equipment depredation Rent Miscellaneous Total expense Net operating income 528 2,190 886 22.387 10,423 5

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