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hi i would really appreciate the guidance Part 2. Problems. There are five problems and one bonus problem. Each one is worth the score indicated
hi i would really appreciate the guidance
Part 2. Problems. There are five problems and one bonus problem. Each one is worth the score indicated next to the problem number. Show all work for complete credit. You may attach extra pages if you so desire. Please be NEAT when writing your answers. I cannot grade illegible answers. (40 points possible) 1. (8 points) Pie Guys Pizzeria is owned and operated by three brothers. Data conceming the pizzeria's monthly revenues and costs appear below (q refers to the number of pizzas served): Actual results for February appear below. Prepare a flexible budget performance report for the pizeria for February for 1,300 pizzas. Required: a. Prepare a budget for 1,200 pizzas (this is the planning budget). b. Prepare a budget for 1,300 pizzas (this is the flexible budget). c. Compute the activity variances between the two budgets and revenue/spending variances between the actual data and the flexible budget. Also indicate whether the variance is favorable or unfavorable Step by Step Solution
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