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Chapter 10, Question 11 The Wheatfield Valley Golf Course F&B Department Budget Worksheet for Next Year This Year Actual $ % Next Year Budget $
Chapter 10, Question 11 The Wheatfield Valley Golf Course F&B Department Budget Worksheet for Next Year This Year Actual $ % Next Year Budget $ % Sales Food $169,250.00 Beverage $55,750.00 Total sales $225,000.00 Cost of Sales Food 58,250.00 Beverages 9,375.00 Total cost of sales Labor Management 9,000.00 Staff 27,250.00 Employee benefits 6,200.00 Total labor Prime Cost Other Controllable Expenses Direct operating expenses 13,200.00 Utilities 5,975.00 General & administrative expenses 6,375.00 Repairs & maintenance 1,750.00 Total Other Controllable Expenses Controllable Income Non-controllable expenses Occupancy costs 15,000.00 Equipment leases 0.00 0.00 Depreciation & amortization 4,200.00 4,200.00 Total Non-Controllable Expenses Restaurant Operating Income Interest expense 12,000.00 Income Before Income Taxes Income taxes $14,106.25 Net Income
Chapter 10, Question 11 | ||||
The Wheatfield Valley Golf Course | ||||
F&B Department | ||||
Budget Worksheet for Next Year | ||||
This Year Actual $ | % | Next Year Budget $ | % | |
Sales | ||||
Food | $169,250.00 | |||
Beverage | $55,750.00 | |||
Total sales | $225,000.00 | |||
Cost of Sales | ||||
Food | 58,250.00 | |||
Beverages | 9,375.00 | |||
Total cost of sales | ||||
Labor | ||||
Management | 9,000.00 | |||
Staff | 27,250.00 | |||
Employee benefits | 6,200.00 | |||
Total labor | ||||
Prime Cost | ||||
Other Controllable Expenses | ||||
Direct operating expenses | 13,200.00 | |||
Utilities | 5,975.00 | |||
General & administrative expenses | 6,375.00 | |||
Repairs & maintenance | 1,750.00 | |||
Total Other Controllable Expenses | ||||
Controllable Income | ||||
Non-controllable expenses | ||||
Occupancy costs | 15,000.00 | |||
Equipment leases | 0.00 | 0.00 | ||
Depreciation & amortization | 4,200.00 | 4,200.00 | ||
Total Non-Controllable Expenses | ||||
Restaurant Operating Income | ||||
Interest expense | 12,000.00 | |||
Income Before Income Taxes | ||||
Income taxes | $14,106.25 | |||
Net Income |
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