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4. Faye manages Faye's Tea Room in a small suburban town food and a variety of teas. This year, Faye increased her percent, and she

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4. Faye manages Faye's Tea Room in a small suburban town food and a variety of teas. This year, Faye increased her percent, and she increased her wages by 10 percent. Fave follows. Help her calculate her variance and variance per year to this year. Use her adjusted sales and labor cost to accurate picture of her performance this year. wwn. She sells gut bet selling prices by ave's condused percentage from st to provide a me Increase in Selling Prices Increase in Wages Faye's Condensed P&L Adjusted Sales and Labor (for Last Year) Last Year This Year Variance $2,315,000 Sales Cost of Food Cost of Labor $1,865,000 615,450 540,850 717,650 671,350 486,150 428,950 Other Expenses Total Expenses Profit 5. a. Rudolfo owns Rudolfo's Italian Restaurante in the Little Italy se of New York City. He wants to compare last year's costs to this year's costs on his food expense schedule to see how he performed in each food category. Help Rudolfo complete his schedule. Rudolfo's Food Expense Schedule Last Year % of Food Sales This Year % of Food Sales Food Sales $2,836,517 $3,087,564 $ 445,982 Cost of Food Sold Meats and Seafood Fruits and Vegetables Dairy Baked Goods Other $ 386,734 122,915 71,951 20,985 323,778 165,178 52,858 29,731 303,927 Total Cost of Food Sold Profit in the Little Italy section r's costs to this year's w he performed in each 5. a. Rudolfo owns Rudolfo's Italian Restaurante in the Little Ital of New York City. He wants to compare last year's costs to thi costs on his food expense schedule to see how he performed in food category. Help Rudolfo complete his schedule. Rudolfo's Food Expense Schedule % of Food Sales % of Food Sales This Year Last Year $3,087,564 $2,836,517 Food Sales Cost of Food Sold Meats and Seafood Fruits and Vegetables $ 386,734 122,915 $ 445,982 165,178 52,858 29,731 303,927 71,951 20,985 Dairy Baked Goods Other Total Cost of Food Sold 323,778

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