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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 drivers-the number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: 0 Fixed Cout Coat per Cost per per Month Plaza Delivery Para ingredients $4.80 Kitchen statt $ 5,210 Utilities $760 $ 0.00 Delivery person 52.60 Delivery vehicle $ 780 $ 1.80 Tiquipment depreciation $ 520 Rent 2,170 Miscellaneous $300 $ 0.20 In November, the pizzeria budgeted for 2,010 pizzas at an average selling price of 514 per pizza and for 210 deliverles. Data concerning the pizzerla's actual results in November were as follows: Pinan Deliveries Rovanie Pana ingredients Actual multo 2.110 190 5 30,240 $ 9,910 In November, the pizzeria budgeted for 2,010 plzzas at an average selling price of $14 per pizza and for 210 dellverles. Data concerning the pizzeria's actual results in November were as follows: Pizzas Deliveries Revenue Pin ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Mincellaneous Actual Results 2,110 190 $ 30,240 $9.910 $ 6,150 $ 960 5494 51,016 $ 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 "P" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Milano Pizza Flexiblo Budgot Performance Report For the Month Ended November 30 Actual Flexible Results Budget 2,110 190 $ 30,240 Planning Budget Plazas Deliveries Revenue Expenses Plaza ingredients Kitchen staff Utilities 9,910 6,150 960 494 1,016 520 Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Net operating Income 2,170 80 22,100 $ 8,140