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For Billy's restaurant, the sales in March was $250,000 while the labor cost was $100,000. Please assist him to calculate the below indicators when the
For Billy's restaurant, the sales in March was $250,000 while the labor cost was $100,000. Please assist him to calculate the below indicators when the average check is $400 and the average hourly wage is $70, assuming labor costs only consists of wages. - Labor Cost% - Sales per Labor Hour - Labor Dollars per Guest Served - Guests Served per Labor Dollar - Guests Served per Labor Hour Step by Step Solution
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
