Income Statement Assignment CURRENT PERIOD SALES Food 71.4% Beverage 32.000 TOTAL SALES 112,000 100.0% COST OF SALES Food Beverage 31.3% 10.300 TOTAL COST OF SALES Gross Profit PAYROLL Salaries & Wages Employee Benefits 28.1% 5.8% TOTAL PAYROLL PRIME COST 5.2% 1.150 OTHER OPERATING EXPENSES Direct Operating Expenses Music & Entertainment Marketing Utilities General & Administrative Expenses Repairs & Maintenance TOTAL OTHER CONTROLLABLES 1.9% 28% 3,905 1.850 CONTROLLABLE PROFIT OCCUPANCY & DEPRECIATION Occupancy Costs Depreciation TOTAL OCCUPANCY & DEP 8,850 2.250 Other (Income) Interest Expense INCOME BEFORE TAXES