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 pizzerias owner has determined that 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 MonthCost per PizzaCost per Delivery

Pizza ingredients $ 4.40

Kitchen staff$ 6,130

Utilities$ 720$ 0.40

Delivery person $ 3.20

Delivery vehicle$ 740 $ 1.40

Equipment depreciation$ 488

Rent$ 2,090

Miscellaneous$ 840$ 0.20

In November, the pizzeria budgeted for 1,890 pizzas at an average selling price of $18 per pizza and for 250 deliveries.

Data concerning the pizzerias actual results in November were as follows:

Actual Results

Pizzas1,990

Deliveries230

Revenue$ 36,480

Pizza ingredients$ 9,190

Kitchen staff$ 6,070

Utilities$ 940

Delivery person$ 736

Delivery vehicle$ 1,008

Equipment depreciation$ 488

Rent$ 2,090

Miscellaneous$ 856

Required:

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 (i.e., zero variance). Input all amounts as positive values.)

16 Milano Plaza smell neghborhood pare that has a small run for in redning as well as offering the out and wome delivery services. The przerin's owner determined that the shop has two major comber of sand the number of deliveres made The pieno cost formules appear below Find out Cister er om PL Delivery Pirates witch $5,30 Lilities 58.40 Delivery person $ 3.20 Delivery wide Tot depreciation $2,000 Miscellaneous S 5 in November the laten baduted for 1890 put on average selling price of per un and for 250 Dans concerning the prictul results in November were as follow 02 SM, . PS Deliver even get Kitchen Delly Delivery wice M 14 3. Required 1 Complete flexible budget performance report that showe bon wees wance puren for November indicate the effect of each wariance by selecting for favor, for affect the sere variance Input all amounts as positive values! book Required: 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 (ie, zero variance). Input all amounts as positive values.) Hinn Pent . Ruferences Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Actual Flextile Results Budget 1,990 230 $ 36.480 Planning Badger Puzzas Delivenes Revenue Expenses Pizza ingredients Kochen alt Utilities Delivery person Delivery vehicle Equipe depreciation Rent Miscellaneous Total pense Not operating income 9.190 6,070 940 736 1.000 488 2.000 656 21378 15,102 $