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Paste BIU Av Format fx 114 A D E 1 Chapter 3. Question 7 2 3 Bernie's P&L: Sales and Prime Cost 4 This Month

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Paste BIU Av Format fx 114 A D E 1 Chapter 3. Question 7 2 3 Bernie's P&L: Sales and Prime Cost 4 This Month (S) 5 SALES 6 Food 73.500 7 Beverage Total Sales 115,000 10 COST OF SALES 11 Food 12 Beverage 21,150 7,450 13 Total Cost of Sales 14 15 LABOR 16 Management 17 Staff 18 Employee Benefits 7,800 21.850 6.225 19 Total Labor Cost 20 21 PRIME COST 22 a. Did Bernie achieve his targeted food cost percentage? 24 Answer: 23 25 2b. Did Bernie achieve his targeted total cost of sales percentage? Answer 27 28 c. Did Bernie achieve his targeted "Staff" labor cost percentage? 29 Answer: 30 31 d Did Bernie achieve his targeted total labor cost percentage? Answer 32 e. Did Bernie achieve his targeted prime cost percentage? 34 Answer 33 35 f. What percent of his monthly salary will Bernie receive as a 36 bonus this month? 37 Answer 38 39 40 41 42 43 44 45 Paste BIU Av Format fx 114 A D E 1 Chapter 3. Question 7 2 3 Bernie's P&L: Sales and Prime Cost 4 This Month (S) 5 SALES 6 Food 73.500 7 Beverage Total Sales 115,000 10 COST OF SALES 11 Food 12 Beverage 21,150 7,450 13 Total Cost of Sales 14 15 LABOR 16 Management 17 Staff 18 Employee Benefits 7,800 21.850 6.225 19 Total Labor Cost 20 21 PRIME COST 22 a. Did Bernie achieve his targeted food cost percentage? 24 Answer: 23 25 2b. Did Bernie achieve his targeted total cost of sales percentage? Answer 27 28 c. Did Bernie achieve his targeted "Staff" labor cost percentage? 29 Answer: 30 31 d Did Bernie achieve his targeted total labor cost percentage? Answer 32 e. Did Bernie achieve his targeted prime cost percentage? 34 Answer 33 35 f. What percent of his monthly salary will Bernie receive as a 36 bonus this month? 37 Answer 38 39 40 41 42 43 44 45

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