Chapter 11, Question 8
Food cost, Labor cost, and Other costs will be the same for Actual $ and Potential $
Kathy's Restaurant Performance
Revenue Stolen
	Actual %	Actual $	Potential $	Potential %
Revenue	100.0%	$1,566,000
Food Cost	37.0%
Labor Cost	29.0%
Other Costs	25.5%
Profit	8.5%

a.How much profit in dollars did Kathy lose because of Dan's fraudulent activities (difference between potential and actual)?

b.How much profit percent did Kathy lose because of Dan's fraudulent activities (difference between potential and actual)?

c.List three things that Kathy could have done to minimize the potential for Dan's illegal activity.