9. What is the initial budgeted profit_(before tax) being planned by the Good Food Restaurant for the current year, given the following information? (Round all calculations to hundredth if necessary (.00) Revenue (food) $975,000 Revenue (beverage) $135,000 Food cost = 31% of food revenue Beverage cost = 22% of beverage revenue Labor cost (payroll) = 34% of total revenue Employee benefits = 18% of labor cost (payroll) Other operating expenses = 14% of total revenue All fixed costs = 8% of total revenue Answer Worksheet Revenue Food Beverage Total S S S S S $ Food cost Beverage cost Total cost of goods sold Operating expenses Payroll Benefits Other operating expenses Total operating expenses Total fixed costs Total costs Profit (before taxes) S $ $ S S S S