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1. Use the information given to calculate the necessary ratios: Food sales $60,000 Cost of food sold $20,000 Administrative expenses $4,000 Selling expenses $2,500 Supplies
1. Use the information given to calculate the necessary ratios: Food sales $60,000 Cost of food sold $20,000 Administrative expenses $4,000 Selling expenses $2,500 Supplies expenses $3,000 Calculate the following: A Food cost percentage B Administrative expenses as a percentage of sales selling expenses as a percentage of sales D Supplies expense as a percentage of sales E Gross profit percentage F Net Income percentage 2. The following food and beverage sales analysis is given to you: Meals served Sales revenue Cost per Percentage meal Breakfast 240 $960 Lunch 400 $3,200 Dinner 300 $6,000 Beverage 1000 units $3,000 Total Required: Complete the table with sales percentages and the totals. 3. The following information relates to sales during dinner time in a pizza place. Total sales of pizza $9,000 Number of customers 400 A What was the average food check per customer? 4. What do you understand by seat turnover? Give reasons why seat turnover may be high or low at different meal times
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