Flexible Budget Performance Report | |||||||||||
Actual results | Revenue & spending | Flexible | Activity variance | Planning | |||||||
Variaance | budget | Budget | |||||||||
Pizzas | 1,240 | 1,240 | 1,200 | ||||||||
Deliveries | 174 | 174 | 180 | ||||||||
Revenue | 17,420 | 680 | F | 16740 | 540 | F | 16200 | ||||
Expenses: | |||||||||||
pizza ingredients | 4,985 | 273 | U | 4712 | 152 | U | 4560 | ||||
Kitchen staff | 5,281 | 61 | U | 5,220 | 0 | N | 5,220 | ||||
Utilities | 984 | 292 | U | 692 | 2 | U | 690 | ||||
Delivery person | 609 | 0 | N | 609 | 21 | F | 630 | ||||
delivery vehicle | 655 | 146 | F | 801 | 9 | F | 810 | ||||
Equipment depreciation | 275 | 0 | N | 275 | 0 | N | 275 | ||||
Rent | 1,830 | 0 | N | 1,830 | 0 | N | 1,830 | ||||
Miscellaneous | 954 | 52 | F | 1006 | 6 | U | 1000 | ||||
total expense | 15,573 | 428 | U | 15145 | 130 | U | 15015 | ||||
net operating income | 1,847 | 252 | F | 1595 | 410 | F | 1185 | ||||
Activity variances are based on difference between flexible budget and planned budget.since the revenue is | |||||||||||
based on pizzas the revenue is favourable .Also the cost under flexible budget is more as the pizzas are more | |||||||||||
than budgeted .On the other hand the deliveries are less in flexible budget hence its cost is favourable | |||||||||||
when compared with planned budget | |||||||||||
Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as...
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. The pizzeria's cost formulas appear below: Fixed Cost Cost per Pizza $ 3.80 Cost per Delivery per Month Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent $ 5,220...
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. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per Pizza $ 3.80 cost per Delivery $ $ 5,220 630 $ 0.95 Pizza ingredients Kitchen staff Utilities Delivery person Delivery...
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. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per Pizza $4.40 Cost per Delivery Pizza ingredients Kitchen staff Utilities $5,910 610 $ 0.30 Delivery person Delivery vehicle Equipment depreciation...
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. The pizzeria’s cost formulas appear below: Fixed Cost per Month Cost per Pizza Cost per Delivery Pizza ingredients $ 4.50 Kitchen staff $ 6,370 Utilities $ 840 $ 0.60 Delivery person $...
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. The pizzeria's cost formulas appear below. Fixed Cost per Month Cost per Pizza cost per Delivery 56,03 S60 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous...
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. Cost per Pizza 4.48 cost per Delivery The pizzeria's cost formulas appear below. Fixed Cost per Month Pizza ingredients Kitchen staff 56,130 Utilities $ 720 Delivery person Delivery vehicle Equipment depreciation...
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 The pizzeria's cost formulas appear below: Cost per Cost per Fixed Cost Pizza Delivery per Month Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation 4.50 $6,150 $ 730 0.50...
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. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per Pizza $ 4.50 cost per Delivery $6,150 $ 730 $ 0.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle...
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. The pizzeria's cost formulas appear below: Fixed Cost per Month Cost per cost per Pizza Delivery $.4.10 $6,070 $ 690 $ 0.10 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment...
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. The pizzeria's cost formulas appear below: cost per Delivery Fixed Cost Cost per per Month Pizza $ 4.60 $5,950 $ 630 $ 0.50 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle...