Milano Pizza is a small neighborhood pizzeria that has a small area fo


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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

Sale price $15.00 Regular price $30.00

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. 
Data concerning the pizzeria's costs appear below:
 
 Fixed Cost
per MonthCost per
PizzaCost per
DeliveryPizza ingredients   $4.00    Kitchen staff$6,050       Utilities$680 $1.00    Delivery person      $2.80 Delivery vehicle$700    $2.20 Equipment depreciation$456       Rent$2,010       Miscellaneous$800 $.20     
    
In November, the pizzeria budgeted for 1,770 pizzas at an average selling price of $14 per pizza and for 210 deliveries.
Data concerning the pizzeria's operations in November appear below:
  
 Actual
ResultsPizzas 1,870Deliveries 190Revenue$26,800Pizza ingredients$8,470Kitchen staff$5,990Utilities$920Delivery person$532Delivery vehicle$1,000Equipment depreciation$456Rent$2,010Miscellaneous$832


 
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.)
 

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