From the sample operating statement (Figure 94), calculate the labor cost percentage by taking total labor cost

Question:

From the sample operating statement (Figure 9–4), calculate the labor cost percentage by taking total labor cost and dividing by total sales  100. Remember the formula:

Cost Sales  100 LO.1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring The Hospitality Industry

ISBN: 9780133762778

3rd Edition

Authors: John R Walker, Josielyn T Walker

Question Posted: