Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. milano pizza has a small area for in-store dining

Milano Pizza has a small area for in-store dining as well as offers take-out and...

80.2K

Verified Solution

Question

Accounting

Milano Pizza has a small area for in-store dining as well as offers take-out and free home delivery services. The pizzerias owner determined the shop has two major cost driversthe number of pizzas sold and the number of deliveries made.
The pizzerias cost formulas appear below:
Fixed Cost per Month Cost per Pizza Cost per Delivery
Pizza ingredients $ 3.80
Kitchen staff $ 5,220
Utilities $ 630 $ 0.05
Delivery person $ 3.50
Delivery vehicle $ 540 $ 1.50
Equipment depreciation $ 275
Rent $ 1,830
Miscellaneous $ 820 $ 0.15
In November, the pizzeria budgeted for 1,200 pizzas at an average selling price of $13.50 per pizza and for 180 deliveries.
Data concerning the pizzerias actual results in November were as follows:
Actual Results
Pizzas 1,240
Deliveries 174
Revenue $ 17,420
Pizza ingredients $ 4,985
Kitchen staff $ 5,281
Utilities $ 984
Delivery person $ 609
Delivery vehicle $ 655
Equipment depreciation $ 275
Rent $ 1,830
Miscellaneous $ 954
Required:
1. Complete the flexible budget performance report for November.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is the most precise name for quadrilateral ABCD with vertices A(-5,2), B(-3, 4), C(5,...

Geometry
Q

McDonald’s When a customer drives up to the speaker box at some McDonald’s drive-throughs, their order...

General Management
Q

3 Once the decision has been made to stop treating a patient who has a...

Biology
Q

when the body is invaded by microbe which of the following occurs FIRST O Complement...

Biology
Q

Why was the Berlin wall erected O To force the US to accept communism in...

Biology
Q

73 The entire network shown here has uniform wire having resistance per unit length 192...

Physics
Q

Determine f x 1 for the following function Answer 2 Points f x x 3...

Calculus
Q

The effectiveness of a television commercial depends on how many times a viewer watches it...

Calculus
Q

If you flip a coin and roll a 6 sided die what is the probability...

Algebra
Q

11 Find the exact value of the given expression 2 5T 3 sin O 3...

Algebra
Q

a)Calculate Marvel Incs taxable income/loss for 2020 and Prepare the journal entries to record income...

Accounting
Q

A mixed cost function has a constant component of $20,000. If the total cost is...

Accounting