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Milano Plzza is a small neighborhood pizzerla that has a small area for in-store dining as well as offering take-out and free home delvery services.
Milano Plzza is a small neighborhood pizzerla that has a small area for in-store dining as well as offering take-out and free home delvery services. The plzzerla's owner has determined that the shop has two major cost drlvers-the number of plzzas sold and the number of dellverles made. The plzzerla's cost formulas appear below: In November, the pizzerla budgeted for 1,710 pizzas at an average selling price of $20 per plzza and for 190 dellverles. Data concerning the pizzerla's actual results in November were as follows: Required: 1. Complete the flexible budget performance report that shows both revenue and spending varlances and actlvity variances for the plzzerla for November. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values.)
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