Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

nap/index.html?_con=con&external_browser=0&launchUrl=https Links mework Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free

image text in transcribed
image text in transcribed
nap/index.html?_con=con&external_browser=0&launchUrl=https Links mework 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 Pizza $4.40 Cost per Delivery $6.130 5720 $ 8.40 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 53.20 $1.40 $ 740 $ 488 $2,090 $ 340 $ 0.20 In November, the pizzeria budgeted for 1890 pizzas at an average selling price of $18 per pizza and for 250 deliveres Data concerning the pizzeria's actual results in November were as follows Actual Results 1,99 230 Pizzas Deliverles $36,45 $ 9.190 5 6,070 $ 5 736 5 Revenue Pizza Ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous 9.se 5 2,090 356 Required: 1. Complete the flexible budget performance report that shows both revenue and spending vanances and activity varances for the

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

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

4th edition

78025524, 978-0078025525

More Books

Students also viewed these Accounting questions

Question

=+What would you say if the person were in front of you?

Answered: 1 week ago

Question

=+ How could you make it more engaging and entertaining?

Answered: 1 week ago