A simplified income statement for The Tampopo Noodle House is shown below:

$

$\%$

Revenues

$$800,000$

$100\%$

Food & Beverage Cost

$$300,000$

Labor Cost

$$350,000$

Other Expenses

$$50,000$

Total Expense

Profit

What was the food and beverage cost percentage achieved by The Tampopo Noodle House?

Group of answer choices

$22\mathrm{.}9\%$

$27\mathrm{.}5\%$

$37\mathrm{.}5\%$

$42\mathrm{.}9\%$