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: Fixed Cost per Month Cost per Pizza $ 4.30 Cost per Delivery $ 5,890 $ 600 $ 0.20 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 3.00 $ 1.40 $ 620 $ 392 $ 1,850 $ 720 $ 0.10 In November, the pizzeria budgeted for 1,530 pizzas at an average selling price of $14 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Actual Results 1,630 190 $ 23, 360 $ 7,030 $ 5,830 $ 880 $ 570 $ 984 $ 392 $ 1,850 $ 784 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 Flexible Budget Actual Results Planning Budget Pizzas 1,630 Deliveries 190 Revenue 23,360 Expenses: Pizza ingredients 7,030 Kitchen staff 5,830 Utilities 880 Delivery person 570 Delivery vehicle 984 Equipment depreciation 392 Rent 1,850 Miscellaneous 784 Total expense 18,320 Net operating income $ 5,040