Question: Required: 1 . Complete the flexible budget performance report for November.Note: Indicate the effect of each variance by selecting F for favorable,

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. Please show work to understand
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:
\table[[,Fixed Cost per Month,Cost per Pizza,Cost per Delivery],[Pizza ingredients,,$ 4.60,],[Kitchen staff,$ 5,950,,],[Utilities,$ 630,$ 0.50,],[Delivery person,,,$ 3.30],[Delivery vehicle,$ 650,,$ 1.70],[Equipment depreciation,$ 416,,],[Rent,$ 1,910,,],[Miscellaneous,$ 750,$ 0.25,]]
In November, the pizzeria budgeted for 1,620 pizzas at an average selling price of $17 per pizza and for 240 deliveries.
Data concerning the pizzeria's actual results in November were as follows:
\table[[,Actual],[Pizzas,Results],[Deliveries,1,720],[Revenue,220],[Pizza inaredients,$29,810
Required: 1 . Complete the flexible budget

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