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Problem 9-19 (Algo) More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] Requlred: Milano Plzza is a small neighborhood pizzeria that has a small area
Problem 9-19 (Algo) More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] Requlred: Milano Plzza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the plzzerla for November. (Indicate the effect of each variance by selecting " F " for fovorable, "U" for unfavorable, and "None" for no delivery services. The pizzerla's owner has determined that the shop has two major cost drivers-the number of plzzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: In November, the pizzeria budgeted for 1,980 pizzas at an average selling price of $13 per pizza and for 200 deliveries. 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 activity varlances 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 verlance). Input all amounts as positlve values.)
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