Question: This assignment is due tonight, If someone could answer this itd be greatly appreciated! Thank you In advance! -2-2 http://ezto.mheduct Godfather's Pizza is a small

This assignment is due tonight, If someone could answer this itd be greatly appreciated! Thank you In advance!This assignment is due tonight, If someone could answer this itd be

-2-2 http://ezto.mheduct Godfather's 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: Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous Fixed Cost Cost per Cost per per month Pizza Delivery $ 3.75 $ 6,000 $ 595 $ 0.08 $ 3.90 $ 545 $ 1.45 $ 290 $ 1,845 $ 830 $ 0.14 In April, the pizzeria budgeted for 1,175 pizzas at an average selling price of $14.10 per pizza and for 165 deliveries. Data concerning the pizzeria's actual results in April appear below: Pizzas Deliveries Actual Results 1,235 174 Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 17,400 $ 4,985 $ 5,281 $ 984 $ 690 $ 655 $ 275 $ 1,845 $ 954 Required: 1. Complete the planning budget & 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.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!