9. Lucir manages a German restaurant in a large western city. The restaurant's owner wants to know how well Lucir did this year at generating sales, controlling costs, and providing a profit. The owner promised Lucir that he would give her a raise if she increased return on sales (profit margin) by at least 1 percent. Complete Lucir's P&L. Should Lucir receive a raise? 9. Lucir manages a German restaurant in a large western city. The restaurant's owner wants to know how well Lucir did this year at generating sales, controlling costs, and providing a profit. The owner promised Lucir that he would give her a raise if she increased return on sales (profit margin) by at least 1 percent. Complete Lucir's P&L. Should Lucir receive a raise? 318 Chapter 9 Analyzing Results Using the Income Statement Lucir's P&L Last Year This Year SALES Food $2.647,415 52 675 889 Beverage 498,119 265.660 Total Sales COST OF SALES Food 5 S 0. $1,074420 115 879 104,005 Beverages Total Cost of Sales LABOR Management Staff $ 192 330 576,999 $ 204,227 581.250 122.000 118.996 Employee Benefits Total Labor 2767 8.386 52.579 BR SSS 69,883 97,836 78.269 39,135 80252 41,510 PRIME COST OTHER CONTROLLABLE EXPENSES Direct Operating Expenses Music & Entertainment Marketing Utilities Administrative & General Expenses Repairs & Maintenance Total Other Controllable Expenses CONTROLLABLE INCOME NON-CONTROLLABLE EXPENSES Occupancy Costs Equipment Leases Depreciation & Amortization Total Non-controllable Expenses RESTAURANT OPERATING INCOME $ 144,000 132.000 49.812 61.498 Interest Expense 104,100 93,378 INCOME BEFORE INCOME TAXES Income Taxes 235,146 343 150 NET INCOME