Freddys Fried Chicken provides the following for the months of April and May: Sales Revenue April May
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Freddys Fried Chicken provides the following for the months of April and May: Sales Revenue April May Sales revenuefood $199,000 $213,500 Sales revenuebeverages 72,000 74,000 Total Sales Revenue $271,000 $287,500 Operating Expenses Cost of salesfood $ 71,500 $ 82,000 Cost of salesbeverage 16,800 19,900 Wages expense 76,000 85,000 Other operating expenses 77,100 82,000 Total expenses $241,400 $268,900 Operating Income (BT) $ 29,600 $ 18,600 Complete the following: a. Convert the income statement to common-size vertical analysis. b. Convert the income statement to a comparative horizontal analysis. c. With the information given, calculate the average check, cost, and operating income per guest. A total of 20,000 guests were served in Apri
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