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Milano Pizza is a small neighborhood pizzeria that has a small area for instore dining as well as offering takeout and free home delivery services. The pizzeria's owner has determined that the shop has two major cost drivers the number of pizzas sold, and the number of deliveries made. The pizzeria's cost formulas appear below: Fixed Cost Per Cost Per Pizza Cost per Delivery Month Pizza ingredients $3.80 Kitchen staff $5,220 Utilities $630 $0.05 Delivery person $3.50 Delivery vehicle $540 $1.50 Equipment depreciation $275 Rent $1,830 Miscellaneous $820 $0.15 In November, the pizzeria budgeted for 1,200 pizzas at an average selling price of 13.50 per pizza and for 180 deliveries. Data concerning the pizze ria's actual results in November appear below: Actual Results Pizza 1,240 Deliveries 1 7 4 Revenue $17,,4 20 Pizza ingredients $4,985 Kitchen staff $5,281 Utilities $984 Delivery person $609 Delivery vehicle $655 Equipment depreciation $275 Rent $1,83 0 Miscellaneous $954 Required: 1. prepare a exible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. 2. Explain the activity variances