Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

image text in transcribed
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: Fixed cost per month cost per Cost per Delivery $4.00 56,050 $ 680 51.00 Pluto ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 52.30 700 $456 $2,010 $80 $ 0.20 In November the pizzeria budgeted for 1770 pizzas at an average selling price of 514 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November were as follows Deliveries 100 $26.000 5 470 3 920 Revenue PER gredients kitchen alt Utilities Delivery person Delivery vehicle Equipment depreciation Sant Miscellaneous $ 1.000 52,010 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 varience by selecting " for favorable, "U" for unfavorable, and "None" for no effectie, zero variance). Input all amounts as positive values.) 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: Fixed cost per month cost per Cost per Delivery $4.00 56,050 $ 680 51.00 Pluto ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 52.30 700 $456 $2,010 $80 $ 0.20 In November the pizzeria budgeted for 1770 pizzas at an average selling price of 514 per pizza and for 210 deliveries. Data concerning the pizzeria's actual results in November were as follows Deliveries 100 $26.000 5 470 3 920 Revenue PER gredients kitchen alt Utilities Delivery person Delivery vehicle Equipment depreciation Sant Miscellaneous $ 1.000 52,010 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 varience by selecting " for favorable, "U" for unfavorable, and "None" for no effectie, zero variance). Input all amounts as positive values.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Find the median for the set of measurements 2, 9, 11, 5, 6, 27.

Answered: 1 week ago