Fixed Month Cost per Cost per Cost per Delivery Pizza Pizza ingredients $ 4.50 Kitchen staff...

Transcribed Image Text:

Fixed Month Cost per Cost per Cost per Delivery Pizza Pizza ingredients $ 4.50 Kitchen staff $ 5,930 Utilities $ 620 $ 0.40 Delivery person Delivery vehicle $ 640 $ 3.20 $ 1.60 Equipment depreciation Rent $ 408 $ 1,890 Miscellaneous $ 740 $ 0.20 In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 1,690 210 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 27,600 $ 7,390 $ 5,870 $ 890 $ 672 $ 988 $ 408 $ 1,890 $ 796 1. Compute the revenue and spending 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.) "Note" Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Pizzas Deliveries Revenue Actual Results Revenue and Spending Variances Flexible Budget 1,690 2,020 210 160 $ 27,600 Expenses: Pizza ingredients 7,390 Kitchen staff Utilities 5,870 890 Delivery person 672 Delivery vehicle 988 Equipment depreciation 408 Rent 1,890 Fixed Month Cost per Cost per Cost per Delivery Pizza Pizza ingredients $ 4.50 Kitchen staff $ 5,930 Utilities $ 620 $ 0.40 Delivery person Delivery vehicle $ 640 $ 3.20 $ 1.60 Equipment depreciation Rent $ 408 $ 1,890 Miscellaneous $ 740 $ 0.20 In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 1,690 210 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $ 27,600 $ 7,390 $ 5,870 $ 890 $ 672 $ 988 $ 408 $ 1,890 $ 796 1. Compute the revenue and spending 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.) "Note" Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Pizzas Deliveries Revenue Actual Results Revenue and Spending Variances Flexible Budget 1,690 2,020 210 160 $ 27,600 Expenses: Pizza ingredients 7,390 Kitchen staff Utilities 5,870 890 Delivery person 672 Delivery vehicle 988 Equipment depreciation 408 Rent 1,890