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Milano Pizza has a small area for in - store dining as well as offers take - out and free home delivery services. The pizzeria

Milano Pizza has a small area for in-store dining as well as offers take-out and free home delivery services. The pizzerias owner determined the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.
The pizzerias cost formulas appear below:
Fixed Cost per Month Cost per Pizza Cost per Delivery
Pizza ingredients $ 4.80
Kitchen staff $ 6,210
Utilities $ 760 $ 0.80
Delivery person $ 2.60
Delivery vehicle $ 780 $ 1.80
Equipment depreciation $ 520
Rent $ 2,170
Miscellaneous $ 880 $ 0.20
In November, the pizzeria budgeted for 2,010 pizzas at an average selling price of $14 per pizza and for 210 deliveries.
Data concerning the pizzerias actual results in November were as follows:
Actual Results
Pizzas 2,110
Deliveries 190
Revenue $ 30,240
Pizza ingredients $ 9,910
Kitchen staff $ 6,150
Utilities $ 960
Delivery person $ 494
Delivery vehicle $ 1,016
Equipment depreciation $ 520
Rent $ 2,170
Miscellaneous $ 880
Required:
1. Complete the flexible budget performance report for November.
Milano Pizza
Flexible Budget Performance Report
For the Month Ended November 30
Actual Results Flexible Budget Planning Budget
Pizzas 2,110
Deliveries 190
Revenue $30,240
Expenses:
Pizza ingredients 9,910
Kitchen staff 6,150
Utilities 960
Delivery person 494
Delivery vehicle 1,016
Equipment depreciation 520
Rent 2,170
Miscellaneous 880
Total expenses 22,10000
Net operating income $8,140 $0 $0

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