% 1 Chapter 3, Question 7 2 3 Bernie's P&L: Sales and Prime Cost This Month (S) 5 SALES 5 Food 73,500 7 Beverage 3 Total Sales 115,000 10 COST OF SALES 11 Food 21,150 12 Beverage 7,450 13 Total Cost of Sales 14 15 LABOR 16 Management 7,800 17 Staff 21,850 18 Employee Benefits 6,225 19 Total Labor Cost 20 21 PRIME COST 22 23 a. Did Bernie achieve his targeted food cost percentage? 24 Answer: 25 b. Did Bernie achieve his targeted total cost of sales percentage? 26 Answer: 27 28 c. Did Bemie achieve his targeted "Staff" labor cost percentage? 29 Answer: 30 d. Did Bernie achieve his targeted total labor cost percentage? 31 Answer: 32 33 e. Did Bemic achieve his targeted prime cost percentage? 34 Answer: 35 f. V What percent of his monthly salary will Bernie receive as a 36 bonus this month? 37 Answer: 38 39 % 1 Chapter 3, Question 7 2 3 Bernie's P&L: Sales and Prime Cost This Month (S) 5 SALES 5 Food 73,500 7 Beverage 3 Total Sales 115,000 10 COST OF SALES 11 Food 21,150 12 Beverage 7,450 13 Total Cost of Sales 14 15 LABOR 16 Management 7,800 17 Staff 21,850 18 Employee Benefits 6,225 19 Total Labor Cost 20 21 PRIME COST 22 23 a. Did Bernie achieve his targeted food cost percentage? 24 Answer: 25 b. Did Bernie achieve his targeted total cost of sales percentage? 26 Answer: 27 28 c. Did Bemie achieve his targeted "Staff" labor cost percentage? 29 Answer: 30 d. Did Bernie achieve his targeted total labor cost percentage? 31 Answer: 32 33 e. Did Bemic achieve his targeted prime cost percentage? 34 Answer: 35 f. V What percent of his monthly salary will Bernie receive as a 36 bonus this month? 37 Answer: 38 39