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QUESTION 2 (25 MARKS) 2.1 Prepare a Food Departmental Income Statement in a proper format from the information extracted in the books of Mango
" QUESTION 2 (25 MARKS) 2.1 Prepare a Food Departmental Income Statement in a proper format from the information extracted in the books of Mango Motel for the financial period ended on the 28 February 2015. Clearly indicate the following: (a) Departmental contributory income (b) Operating income before tax for the food department Show the necessary calculations in the answer book provided Revenue Restaurant R200,000.00 Banquets R133, 000.00 Bar R34, 000.00 Expenses Food cost R100, 000.00 Printing R200.00 Salaries R98,500.00 Laundry R4, 650.00 Marketing expenditure R45,000.00 Glassware expenditure R2, 400.00 Cleaning material expense R4,000.00 Other information that still needs to be taken into consideration 1. Employees meals served from the restaurant kitchen R245.00 2. Meals were provided for marketing purposes R148.00
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