Food Cost Percentage Calculations:

Actual Food Cost Percentage 29.85%

Actual Cost of Food Sold 225,000

Actual Food Sales 753,722

Ideal Food Cost Percent 27%

Ideal Food Cost Dollar ( find missing number )

Amount Food Cost Difference ( find missing number )

Two Places to check for overspending:

1.)

2.)

Two Possible Reductions:

1.)

2.)

Labor Cost Percentage Calculations:

Actual Rooms Labor Cost Percentage 33.34%

Actual Rooms Labor Cost in Dollars 450,000

Rooms Revenue 1,349,866

Ideal Rooms Labor Cost Percentage 32.00%

Ideal Rooms Labor Cost Dollar ( find missing number )

Labor Cost Difference ( find missing number )

Two Places to check for overspending:

1.)

2.)

Two Possible Reductions:

1.)

2.)

((Food cost percentage should be 27% for the restaurant))

((Labor cost percentage for the hotel rooms should run 32%))

Do the following:

1.) Calculate out how much cost of food sold should have been at 27% and the dollar difference

2.) Calculate the labor cost at 32% and the dollar difference

Then, list two places where you can check for overspending and two places for reductions for each cost.