Question
Last month a manager's food expense equaled $30 000. Labor expense for the month equaled $26,000, and other expenses equaled $12,000. Revenue for the
Last month a manager's food expense equaled $30 000. Labor expense for the month equaled $26,000, and other expenses equaled $12,000. Revenue for the month was $85,000. What was th s manager's total expense percentage? Use the following simplified income statement for The Tampopo Noodle House to answer Reverones Food & Beverage Cost Labor Cost Other Expenses Total Expense Profit $ $800,000 $300 000 350 000 50 000 % 3. What is the Profit achieved by The Tampopo Noodle House? 100% 2. What is the labor cost percentage achieved by The Tampopo Noodle House?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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