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Calculate the Labour Cost %, when Food Sales = $120,000. Beverage Sales $80,000. Cost of Food = $40,000. Cost of Beverage = $24,000. Labour Cost

Calculate the Labour Cost %, when Food Sales = $120,000. Beverage Sales $80,000. Cost of Food = $40,000. Cost of Beverage = $24,000. Labour Cost = $40,000. Other Expenses = $20,000.

1. 60 %

2. 20 %

3. 30 %

4. 40 %

5. NONE of the above answers are correct

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