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7. Dawne Juan is the food and beverage director for a mid-size hotel in a beach destination area. The general manager of the hotel has

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7. Dawne Juan is the food and beverage director for a mid-size hotel in a beach destination area. The general manager of the hotel has given Dawne a target of 10 percent profit for this year. Dawne's staff is predominantly composed of her beach buddies. Although she is good at controlling most of her costs, she has a hard time telling her friends to go home when business slows down, and she needs to reduce her staff. If she doesn't make her profit goal, her general manager will likely reprimand her, and she could possibly lose her job. Express Dawne's expenses and profit as a percentage of total revenue, both this year and last year, to determine if she met her profit goal (fill in all blanks). Was Dawne effective at controlling her expenses? Did she meet the profit goal set by the general manager? If not, what could Dawne do in the future to help her make her target profit? Lee Ray operates the Champs Steak and Seafood restaurant. Last month, Lee budgeted $3,500 for food, in the specific categories listed on the following page. It was a busy month, but Lee thought he did a good job managing his costs. Imagine his surprise when, at the end of the month, Lee calculated 1 Managing Revenue and Expense his actual expenses and entered them in the chart below. He found he was way over budget! Calculate Lee's \% of Budget in each category listed on the chart, as well as the total. By how much money was Lee over his total budget? In which categories did Lee's costs vary more than 10 percent from the amount he had originally budgeted? Lee said it was a busy month. Would the number of customers he served affect his actual costs? What would you recommend he do next to further analyze the reasons for his restaurant's budget performance last month

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