Question: Required: 1 . Complete the flexible budget performance report for November.Note: Indicate the effect of each variance by selecting F for favorable,
Required: Complete the flexible budget performance report for November.Note: 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. Please show work to understand
Milano Pizza has a small area for instore dining as well as offers takeout and free home delivery services. The pizzeria's owner determined the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.
The pizzeria's cost formulas appear below:
tableFixed Cost per Month,Cost per Pizza,Cost per DeliveryPizza ingredients,,$ Kitchen staff,$ Utilities$ $ Delivery person,,,$ Delivery vehicle,$ $ Equipment depreciation,$ Rent$ Miscellaneous$ $
In November, the pizzeria budgeted for pizzas at an average selling price of $ per pizza and for deliveries.
Data concerning the pizzeria's actual results in November were as follows:
tableActualPizzasResultsDeliveriesRevenuePizza inaredients,$
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