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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.
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 $5,910 $ 610 $ 0.30 Pizza ingredienta Kitchen state Utilities Delivery person Delivery vehele Tiquipment depreciation Rent Miscellaneous $3.10 $1.50 $ 630 $ 400 $1.870 $ 730 0.15 In November, the pizzeria budgeted for 1,560 pizzas at an average selling price of $15 per pizza and for 220 deliveries. Data concerning the pizzeria's actual results in November appear below. Metaal Resulte 1,660 200 25,650 $ 7.210 $ 5.50 Deliveries Revenue Pas ingrediente Kitchen start lit Delivery person Delivery vehicle Equipment depreciation 620 $ $ 400 1.070 Millance Required: 1. Compute the revenue and spending 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 (ie, zero variance). Input all amounts as positive values.) 14.32 points Milano Pizza Revenue and Spending Variances For the Month Ended November 30 Actual Revenue and Spending Results Variances 1.600 Flexible Budget 1560 200 Deliveries 200 Revenue 254501 Expenses Puza ingredients | Kachen statt L M L 72101 5,850 sas 620 Uuties Delivery person Delivery vehicle Equiment depreciation Rent 4001 1370 Miscellaneous Total expense Not operating income
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