How much of the total labor cost goes towards taxes? Express your answer in percentage form rounded to two decimal points. Ramsey Hills Country Club Statement of Activities Period Ending xxlxxlxxxx Line REVENUE $300,000 Food Sales Beverage Sales 90,000 Subtotal F&B Sales 390.000 Unspent Food Minimum 15,000 50,000 7 Set Up Charges 13,000 8 Room Charges 2,500 9 Audio/Visual/Other 10 Subtotal Other Revenue 80,500 470,500 12 Total Food & Beverage Revenue 13 14 COST of SALES 105,000 15 Food Purchases 30,000 16 Beverage Purchases 17 Employee/Comp Meal Credits 30.000 105,000 18 Total Cost of Sales 19