In a casual Italian restaurant, sales for the week of September 15 are as follows:

Food sales: $10,000 Beverage sales: $ 2,500 Total $12,500

a. If the food cost is 30 percent, how much did the food actually cost?

b. If the beverage cost is 25 percent of beverage sales, how much did the beverages cost?

c. If the labor cost is 28 percent, how much money does that represent and how much is left over for other costs and profit?

LO.1