Question
April Total Food Sales $475,000 Beginning Food Inventory $ 23,660.00 Purchases $ 21,000.00 $ 25,800.00 $ 23,880.00 $ 28,000.00 $ 28,000.00 Total Food Available End
April | ||
Total Food Sales | $475,000 | |
Beginning Food Inventory | $ 23,660.00 | |
Purchases | $ 21,000.00 | |
$ 25,800.00 | ||
$ 23,880.00 | ||
$ 28,000.00 | ||
$ 28,000.00 | ||
Total Food Available | ||
End Inventory | $ 16,500.00 | |
Total expended food | ||
employ meals | $ 2,850.00 | |
comp meals | $ 1,220.00 | |
Total non-paid meals | ||
Total cost of food inventory | ||
Food Cost Percentage | ||
Guest Covers | 34,320 | |
Average Check | ||
Seats | 220 | |
Seat Turnover | ||
Cost of Labor | $141,663 | |
Labor Costs | ||
Cost of Beverages | $48,990 | |
Beverage Revenue | $223,998 | |
Beverage Costs |
All bold marks are questions
Total Food Availablecalculate all the food that came into the operation - Beginning inventory plus purchases
End Inventory (given)
Total Expended Food - Subtract the ending inventory from the Total Food Available
Determine total food given away - Add employ meals (given) tocomp meals (given) to determine Total non-paid meals
Total cost of food inventory - Subtract total non-paid meals from Total Expended Food
Food Cost Percentage - Divide Total Cost of Food inventory by Total Food Sales - You will get a percentage.
Guest Covers given
Average Check - Divide Guest Covers into Total Food Sales
SeatsSeat Turnover - Determine Total Seats in the restaurant by multiplying seats by days in the month - Divide Total Seats into Guest Covers to get Seat Turnover
Cost of Labor - Divide labor costs (given) by Total Food Sales (given)
Labor Costs - Divide Labor Costs (given) by Total Food Sales (given)
Cost of Beverages - Beverage Costs divided by Beverage revenue
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started