Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please help to dolve this question with a full explanation( restaurant managment) Food Revenues Bev Revenues Total Revenues 3,000 1,000 4,000 800 3300

can you please help to dolve this question with a full explanation( restaurant managment)
image text in transcribed
image text in transcribed
Food Revenues Bev Revenues Total Revenues 3,000 1,000 4,000 800 3300 2,500 4600 1,100 3,500 Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday 700 7200 5,500 8,500 4000 12,500 13,800 4,800 9,000 4,850 36,850 750 5,600 50,000 13,150 Total Bev Revenues Total Revenues Food Revenues Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday Total Forecast the next week business: Tips (Figure out the percentage of Total Food revenue/ Total Revenue = % of sales keep that in mind when forecasting do that for beverage also) Also know that it is common practice to increase revenue by 3-5%. Consider the following: Last year on Cinco Mayo day the restaurant did 6,000 in Food and 3,000 in Bev this feil on Tuesday this year it falls on a Thursday. The weather forecast is going to be fair this week. A festival will be going on Saturday and Sunday last year Food Sales $5,000 and 3,000 Beverage sales 2,000 and 350. Calculate the Forecast

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting Concepts And Practice

Authors: Arnold J. Pahler

9th Edition

0324233531, 978-0324233537

More Books

Students also viewed these Accounting questions