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9. This question is worth 2 points and has 2 parts, A) and B) A) Use the figures given below to complete the Statement of
9. This question is worth 2 points and has 2 parts, A) and B) A) Use the figures given below to complete the Statement of Income for the Sunshine Restaurant (use the worksheet provided below.) Given figures: Food Salaries and Wages Beverage Sales Other Controllable $375,000 $130,000 $125,000 S60,000 I Beverage Cost Employee Benefits Food Cost Occupancy Costs Depreciation Expense $30,000 $20.000 S127,500 $55,000 $25,000 1 YEAR ENDI Sales Food Beverage Total Sales Cost of Sales Food Beverage Total Cost of Sales Gross Profit Controllable Expenses Salaries and Wages Employee Benefits Other Controllable Expenses Total Controllable Expenses Income Before Occupancy costs Depreciation and Occupancy costs Occupancy Costs Depreciation Total Restaurant Profit before income taxes B) Calculate: - Food cost% - Beverage cost % - Labor cost % (Labor cost included labor cost and labor benefits cost) - Profit before income taxes %
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