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25 3 points Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and
25 3 points 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. Pizza ingredients ebook H Print References Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Fixed Cost per Month Cost per Pizza Cost per Delivery $4.00 $5,990 $650 $0.70 $670 $ 3.50 $ 1.90 $432 $1,950 $ 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: Pizzas Deliveries Revenue Pizza Ingredients Kitchen staff Utilities Delivery person Actual Results 1,780 160 $ 34,418 $ 7,930 $5,930 $ 905 Delivery vehicle Equipment depreciation Rent Miscellaneous Required: $560 $994 5432 $1,950 5814 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 (.e., zero variance), Input all amounts as positive values.) Milano Pizza
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