May 2008 Mikes Cafe

Income Budget $ Actual $

Food Sales (takeaway) 28 380 34 050

Food Sales (cafe) 102 720 118 000

Coffee Sales. 12 200 10 500

Alcohol Sales. 22 500 19 200

Total

Expense

Food purchases. 42 160 41 756

Coffee purchases. 2 440 2 280

Alcohol purchases. 7 660. 8 804

By alaysing the budget and actual figures for the budget for Mikes Cafe for May 2008 we can determine if the changes are positive or negative.

1. Is the Food Cost % above or below budget? (Show the figures and your calculations)

2. Are the cost % figures for coffee sales above or below budget? (Show the figures and your calculations)

3. Are the cost% figures for alcohol purchases above or below budget? (Show the figures and your calculations)

4. By what percentage are total sales up? (Show the figures and calculations)