Problem 9-19 (Algo) More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] 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: Fixed Cost Cost per Cost per per Month Pizza Delivery Pizza ingredients $ 4.80 Kitchen staff $ 5,990 Utilities $ 650 $ 0. 70 Delivery person Delivery vehicle $ 670 1.90 Equipment depreciation $ 432 Rent $ 1, 950 Miscellaneous $ 770 $ 0.10 In November, the pizzeria budgeted for 1,680 pizzas at an average selling price of $19 per pizza and for 180 deliveries. Data concerning the pizzeria's actual results in November were as follows: Actual Results Pizzas 1, 780 Deliveries 160 Revenue $ 34, 410 Pizza ingredients $ 7, 930 Kitchen staff $ 5, 930 Search D (DELL)Actual Results Pizzas 1, 780 Deliveries 160 Revenue $ 34, 410 Pizza ingredients $ 7,930 Kitchen staff $ 5,930 Utilities $ 905 Delivery person 560 Delivery vehicle 994 Equipment depreciation $ 432 Rent $ 1, 950 Miscellaneous $ 814 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 Actual Flexible Planning Results Budget Budget Pizzas 1,780 Deliveries 160 Revenue $ 34,410 Expenses: Pizza ingredients 7,930 (DOLL Q SearchFlexible Budget Performance Report For the Month Ended November 30 Actual Results Flexible Budget Planning Pizzas 1,780 Budget Deliveries 160 Revenue $ 34,410 Expenses: Pizza ingredients 7,930 Kitchen staff 5,930 Utilities 905 Delivery person 560 Delivery vehicle 994 Equipment depreciation 432 Rent 1,950 Miscellaneous 314 19,515 0 Total expense $ 0 14, 895 $ Net operating income $ Next >