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management would like to reduce the food cost by 2% next year. what would be the projected food cost amount if sales dont change? Local
management would like to reduce the food cost by 2% next year. what would be the projected food cost amount if sales dont change?
Local bistro
Income statement
As at Jun 30 2020
Sales
food 125,195
Beverage 45,272
Total sales -
Cost sales
food 49,914
beverage 23,796
Total cost of sales -
gross profit -
Controllable Expense
Salaries and wages 42,246
employee benefit 5,460
other controllable expense 24,852
total controllable expense -
interest, depreciation
occupancy 43,490
interest 4,381
depreciation 29,929
Operating profit/loss -
Answer-
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