Pizza Warehouse budgeted to sell 600 large pizzas for $20 each in October. It actually sold...

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Pizza Warehouse budgeted to sell 600 large pizzas for $20 each in October. It actually sold 620 pizzas at an average of $19 each. Calculate the following figures. Required Part II a) Static budget revenue b) Flexible budget revenue c) Actual revenue d) Flexible budget variance e) Sales-volume variance Using the following information, calculate the static budget, flexible budget and sales-volume variances. Total Revenue Total Food Cost Total Variable Labour Total Fixed Costs Guests Served Actual Budget $400,000 $500,000 100,000 200,000 40,000 35,000 180,000 180,000 200,000 220,000 Pizza Warehouse budgeted to sell 600 large pizzas for $20 each in October. It actually sold 620 pizzas at an average of $19 each. Calculate the following figures. Required Part II a) Static budget revenue b) Flexible budget revenue c) Actual revenue d) Flexible budget variance e) Sales-volume variance Using the following information, calculate the static budget, flexible budget and sales-volume variances. Total Revenue Total Food Cost Total Variable Labour Total Fixed Costs Guests Served Actual Budget $400,000 $500,000 100,000 200,000 40,000 35,000 180,000 180,000 200,000 220,000

Answer rating: 100% (QA)

a Static Budget Revenue The static budget revenue is based on the original budgeted selling price per pizza and the budgeted number of pizzas Static B... View the full answer