User Account

All Pages

Make a flexible budget performance report

Assignment Help Cost Accounting
Reference no: EM13552798

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:


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 pizzeria's operations in November appear below:


Required:

1. Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for the pizzeria for November.

2. Explain the activityvariances.

Reference no: EM13552798

Questions Cloud

What is the maximum acceleration of the needle : a sewing machine needle moves up and down in simple harmonic motion with an amplitude of 1.27cm and a frequency of 2.55Hz. what is the maximum acceleration of the needle
Where does the maximum elastic strain occur in the pipe : Steel pipe employed for oil drilling operations is made up of many segments joined sequentially and suspended in an oil well. Suppose the pipe used in one such application has an outer diameter of 7.5cm and an inner diameter of 5cm, a density of 7.90..
What will your final payment : What will your monthly payments be, what will your final payment be?
What is the margin of safety in terms : Rainbow Tours's owner believes that 175 people a month will sign up for the walking tour. What is the margin of safety in terms of the number of people signing up for the tour?
Make a flexible budget performance report : Prepare a flexible budget performance report that shows both activity variances and revenue and spending variances for the pizzeria for November.
Callulate the shear and normal stress : A soil, 150mm x 150mm x 20mm high, is subjected to simple shear deformation. The normal force in the Z direction is 1 kN and the shear force is 0.5 kN. The displacements at the top of the soil in the X and Y directions are delta x = 1mm and delta z =..
Find what is the magnetic moment of the loop : A current of 21.0 mA is maintained in a single circular loop of 2.90 m circumference. A magnetic field of 0.640 T is directed parallel to the plane of the loop. Calculate the magnetic moment of the loop
Quantities of the various classes of merchandise : Do the terms FIFO and LIFO refer to techniques used in determining quantities of the various classes of merchandise on hand? Explain.
Estimate the magnitude of the maximum torque : A current loop in a motor has an area of 0.85 . It carries a 240 current in a uniform field of 0.62. What is the magnitude of the maximum torque on the current loop

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare journal entry to record issuance of stock exchange

Sudoku Company issues 23,000 shares of $5 par value common stock in exchange for land and a building. The land is valued at $232,000 and the building at $374,000. Prepare the journal entry to record issuance of the stock in exchange for the land a..

  Prepare the sales revenues section of the income statement

Prepare the sales revenues section of the income statement based on this information.

  The total shares outstanding

Candlebox Inc. is going to elect six board members next month. Betty Brown owns 17.4 percent of the total shares outstanding.

  Compute actual direct material used and direct labor

Total manufacturing cost during the year was $3,000,000 based on actual direct material, actual direct labor, and applied manufacturing overhead - Compute actual direct material used

  Credit salaries payable for the net pay

FICA Tax Payable for 7.5 % of gross pay, credit Employees' income tax Payable for 15 percent of gross pay, and credit salaries payable for the net pay.

  Prepare a balance sheet at june and prepare income statement

Prepare an income statement for the month of June, prepare a balance sheet at June 30, 2012.

  Identify the bond rating of the reporting entity

What challenges does the city face based on a review of the Management, Discussion, and Analysis?

  Questionprepare the 2009 financial statements for the walt

questionprepare the 2009 financial statements for the walt disney company on the internet. use those financial

  Prepare a written assignment to address the following

prepare a written assignment to address the following objectives 1. explain through a real world example of how

  Evaluate your argument and citing concepts

Pretend you are hired to debate the issue of the proper treatment of options written on a company's own stock. Evaluate your argument, citing concepts and definitions to buttress your case, suppose

  Determine the cost of goods sold for the period

Post the transactions to T-accounts and determine the cost of goods sold for the period.

  Compute trend percentages for each item for 2007

Compute the rate of return on net sales for 2008 through 2010, rounding to three decimal places. In this industry, rates of 6% are average, rates above 8% are considered good and rates above 10% are viewed as outstanding.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd