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Prepare a common-size (vertical) analysis for the income statement of each restaurant: Rest A % Rest B % Sales $154,300 $206,100 Cost of Sales 60,200
Prepare a common-size (vertical) analysis for the income statement of each restaurant: | |||||||||
Rest A | % | Rest B | % | ||||||
Sales | $154,300 | $206,100 | | ||||||
Cost of Sales | 60,200 | 78,900 | |||||||
Gross Margin | 94,100 | 127,200 | |||||||
Wage Expense | 45,600 | 70,400 | |||||||
Supplies Expenses | 12,700 | 16,800 | |||||||
Other Direct Costs | 4,500 | 6,100 | |||||||
Contrib. Income | 31,300 | 33,900 | |||||||
Rent Expense | 6,500 | 9,000 | |||||||
Insurance Expense | 2,000 | 3,000 | |||||||
Other Indirect Exp. | 3,200 | 3,600 | |||||||
Operating Income | $19,600 | $18,300 | |||||||
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