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ACC497 Advanced Topics In Accounting Research Assignment

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ACC497 Advanced Topics In Accounting Research Assignment - University of Phoenix, USA

Question - Milano 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.

Data concerning the pizzeria's costs appear below:

Fixed Cost per Month Cost per Pizza Cost per Delivery Pizza ingredients $4.00 Kitchen staff $6,050 Utilities $680 $1.00 Delivery person $2.80 Delivery vehicle $700 $2.20 Equipment depreciation $456 Rent $2,010 Miscellaneous $800 $.20

In November, the pizzeria budgeted for 1,770 pizzas at an average selling price of $14 per pizza and for 210 deliveries.

Data concerning the pizzeria's operations in November appear below:

Actual

Results Pizzas 1,870 Deliveries 190 Revenue $26,800 Pizza ingredients $8,470 Kitchen staff $5,990 Utilities $920 Delivery person $532 Delivery vehicle $1,000 Equipment depreciation $456 Rent $2,010 Miscellaneous $832

Required - Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November.

Reference no: EM132447722

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ACC497 Advanced Topics In Accounting Research Assignment : ACC497 Advanced Topics In Accounting Research Assignment Help and Solution, University of Phoenix, USA. Complete the flexible budget performance report
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