10 points Pie Guys Pizzeria is owned and operated by three brothers. Data concerning the pizzeria's monthly revenues and costs appear below (q refers to the number of pizzas served): * Formula Revenue $33.500 Cost of ingredients $6.500 Rent $1,250 Utilities $700 50 50 Wages $50 Required: (a) Prepare the pizzeria's planning budget for suiv 2021 Assumine 1.520 mare (b) Assume that 1,600 pixzes were served in July 2001. Prepare a flexible budget for this level of activity. (2 marks] le) Actual results for July appear below. Prepare a flexible budget performance resort to the pizzeria for July 2021. (2 marks) Revenue Cost of ingredients Rent Utilities Wages $20.000 12,800 1,000 1,700 9,750 (d) Explain the possible reasons for the favorable and unfavorable variances identified in the performance report. For example. Due to Pandemic situation rent has been decreased and imported ingredients cost has increased due to less supplyi 4 marta 1 Add file Send me a copy of my responses. + 7