Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and

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answerhappygod
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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

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Milano Pizza is a small neighborhood pizzeria that has a smallarea for in-store dining as well as offering take-out and free homedelivery services. The pizzeria’s owner has determined that theshop has two major cost drivers—the number of pizzas sold and thenumber of deliveries made.
The pizzeria’s cost formulas appear below:
In November, the pizzeria budgeted for 2,040 pizzas at anaverage selling price of $15 per pizza and for 220 deliveries.
Data concerning the pizzeria’s actual results in November wereas follows:
Required:
1. Complete the flexible budget performance report that showsboth revenue and spending variances and activity variances for thepizzeria for November. (Indicate the effect of eachvariance by selecting "F" for favorable, "U" for unfavorable, and"None" for no effect (i.e., zero variance). Input all amounts aspositive values.)
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