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help please 11. (20 marks) Tanya is the manager of a restaurant in downtown Vancouver. Tanya's boss has established performance targets that determines the amount
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11. (20 marks) Tanya is the manager of a restaurant in downtown Vancouver. Tanya's boss has established performance targets that determines the amount of bonus Tanya will receive each month. The performance is evaluated in 5 separate categories. Tanya can receive a 2% salary bonus for each of the 5 targets she achieves. Tanya earns a 2% bonus when she meets any of the following criteria: 1. Her food cost is 25% or less. 2. Her total cost of sales is 24% or less. 3. Her total labor cost is 30% or less. 4. Her beverage cots is 20% or less 5. Her prime costs are less than 60% of total sales. Complete the following table, then perform a vertical analysis based on Total Sales, and answer the questions that follows. This Month% SALES Food 70,000 Beverage 50,000 Total Sales COST OF SALES Food 21.000 Beverage 9,000 Total Cost of Sales LABOR Management 17.000 Stall 21,000 Employee Benefits 2.000 Total Labor Cost PRIME COST a. Did Tanya achieve her targeted food cost percentage? (Why) b. b. Did Tanya achieve her targeted cost of sales percentage? (Why) c. Did Tanya achieve her targeted beverage cost percentage? (Why) d. Did Tanya achieve her targeted total labor cost percentage? (Why) e. Did Tanya achieve her targeted Prime cost percentage? (Why) f. What % of her monthly salary will Tanya receive as a bonus this month? (Why) Step by Step Solution
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