Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show all your work. (Excel formulae are good) 1) What is the Break Even for September? 2) What is the Prime Cost %? 3)

image text in transcribedimage text in transcribed

Please show all your work. (Excel formulae are good) 1) What is the Break Even for September? 2) What is the Prime Cost %? 3) What are the sales required to make $100,000 in profit? 4) What is the Net Profit %? 5) What is the Food Cost %? 6) What is the Beverage Cost %? 7) What is the Labour Cost %? 8) What is the Rent Cost %? Sam 'n Ella's Diner September 30, 2021 Sales 124 Food Sales Bev Sales 49,000 Cost of Sales Food Cost Bev Cost 42,500 15,200 57,700 Labour (25% FC) 56000 560001 Rent Office & General Utilities Repairs & Maintenance Rest & Kitchen supplies Advertising Insurance Automobile Other OH 16000 4800 3800 3150 3050 3850 4200 1800 1400 42050 Profit Please show all your work. (Excel formulae are good) 1) What is the Break Even for September? 2) What is the Prime Cost %? 3) What are the sales required to make $100,000 in profit? 4) What is the Net Profit %? 5) What is the Food Cost %? 6) What is the Beverage Cost %? 7) What is the Labour Cost %? 8) What is the Rent Cost %? Sam 'n Ella's Diner September 30, 2021 Sales 124 Food Sales Bev Sales 49,000 Cost of Sales Food Cost Bev Cost 42,500 15,200 57,700 Labour (25% FC) 56000 560001 Rent Office & General Utilities Repairs & Maintenance Rest & Kitchen supplies Advertising Insurance Automobile Other OH 16000 4800 3800 3150 3050 3850 4200 1800 1400 42050 Profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-29

Authors: John J. Wild, Vernon J. Richardson, Ken W. Shaw

2nd Edition

0077398173, 978-0077398170

More Books

Students also viewed these Accounting questions

Question

Learning is a good thing for everyone. Discuss.

Answered: 1 week ago

Question

What should be the role of managers in HRD?

Answered: 1 week ago

Question

What should be the role of government in HRD?

Answered: 1 week ago