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Problem 9-21 More Than One Cost Driver (LO9-2, LO9-3, LO9-4, LO9-5) Milano Pizza is a small neighborhood pizzeria that has a small area for in-store

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Problem 9-21 More Than One Cost Driver (LO9-2, LO9-3, LO9-4, LO9-5) 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 $4.50 cost per Delivery 36,370 $ 840 $ 8.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Pont Miscellaneous $1.50 $2,330 $ 960 $ 8.18 In November, the pizzeria budgeted for 2,250 pizzas at an average selling price of $22 per p a rt for 210 deliveries Data concerning the pizzeria's actual results in November appear below Check my work Data concerning the pizzeria's actual results in November appear below: Actual Results 2,350 190 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 52.489 $ 11,35e $ 6,310 $ 1, eee 646 $ 1.032 $ 584 $ 2,330 $ 928 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.) Milano Pizza For the Month Ended November 30 Flexible Budget Planning Budget Actual Results 2350 190 Pas Doliveros Revenue 52.480 Expenses Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Total expense Not operating income 11,350 6,310 1,000 646 1,032 584 2,3301 9281 24,1801 28,3001 $

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