Milano Pizza has a small area for in-store dining as well as offers take-out and free...

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Milano Pizza has a small area for in-store dining as well as offers take-out and free home delivery services. The pizzeria's owner determined 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 Pizza ingredients Kitchen staff Utilities Delivery person Fixed Cost Cost per Cost per Pizza Delivery per Month $ 4.70 $ 6,190 $ 750 $ 0.70 $ 770 $ 3.50 $1.70 $ 512 $2,150 $ 870 $0.10 Delivery vehicle Equipment depreciation Rent Miscellaneous In November, the pizzeria budgeted for 1,980 pizzas at an average selling price of $13 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Actual Results 2,080 180 $ 27,730 $9,730 $ 6,130 $ 955 $630 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: 5.1,014 $512 $2,150 $ 874 1. Complete the flexible budget performance report for November. Required: 1. Complete the flexible budget performance report for November. Note: 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. Pizzas Deliveries Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Flexible Planning Results Budget Budget 2,080 180 $ 27,730 Revenue Expenses: Pizza ingredients 9,730 Kitchen staff 6,130 Utilities 955 Delivery person 630 Delivery vehicle 1,014 Equipment depreciation 512 Rent 2,150 Miscellaneous 874 Total expenses 21,995) Net operating income $ 5,735 Milano Pizza has a small area for in-store dining as well as offers take-out and free home delivery services. The pizzeria's owner determined 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 Pizza ingredients Kitchen staff Utilities Delivery person Fixed Cost Cost per Cost per Pizza Delivery per Month $ 4.70 $ 6,190 $ 750 $ 0.70 $ 770 $ 3.50 $1.70 $ 512 $2,150 $ 870 $0.10 Delivery vehicle Equipment depreciation Rent Miscellaneous In November, the pizzeria budgeted for 1,980 pizzas at an average selling price of $13 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Actual Results 2,080 180 $ 27,730 $9,730 $ 6,130 $ 955 $630 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: 5.1,014 $512 $2,150 $ 874 1. Complete the flexible budget performance report for November. Required: 1. Complete the flexible budget performance report for November. Note: 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. Pizzas Deliveries Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Flexible Planning Results Budget Budget 2,080 180 $ 27,730 Revenue Expenses: Pizza ingredients 9,730 Kitchen staff 6,130 Utilities 955 Delivery person 630 Delivery vehicle 1,014 Equipment depreciation 512 Rent 2,150 Miscellaneous 874 Total expenses 21,995) Net operating income $ 5,735