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Application Exercise APPLICATION EXERCISE Golda's Skillet Diner has the following information: cus- tomer count, daily sales, food cost percentage, and labor cost percentage information. The establishment does not estimate beverage cost separately. Given the following information, prepare a sales forecast, a food cost budget, and a labor cost budget. Monday Tuesday Wednesday Thursday Saturday Totals/Avg. cu Sunday g Friday 104 76 146 200 222 Customer count 62 $2,300.00 $1,563.00 Daily sales (5) $1,876.00 $2694.00 $4,151.00 $5,183.00 9693 Average check per customer (5) 22.12. 921 RS 21,519 21.686 24.27 38.43 says med 2542256 33% 29.42% 2521 27% 299 289 Food cost (%) 28% 30% 3146 Food cost budget (5) 25% 28% 30% 29% Labor cost (98) 2996 32% Labor cost budget (5) Prime cost (%) A. It is assumed that the customer count for Saturday is twice as high as Wednesday. What is the total weekly customer count? B. It is also assumed that daily sales for Saturday are triple than sales on Tuesday. How much are total weekly sales? C. How much is the average check for each day, and for the whole week? D. Food cost percentage is 10% higher on Saturday than on Thursday. How much is the daily food cost percentage for the week? E. How much is the food cost budget for the week? F. Labor cost percentage is 20% higher on Friday than on Monday, What is the labor cost percentage for the week? G. What is the total labor cost budget for the week? H. What is the average prime cost percentage on a weekly basis? 49