. Question 5 As the general manager of Bistro 101, Billy is responsible for budgeting for the next fiscal year. In September, he looked at the sales reports and records for the months of January through August of 2020. You will help Billy prepare the operating budget for Bistro 101 for January through March of the 2021. You gathered some historical information: Variable labor costs are 15 percent of sales. Occupancy costs will remain steady at $2,000 per month. Food cost percentage is steady at 32 percent. Sales are 10 percent higher than those of the same month during the previous year. Fixed labor costs are steady at $9,000 per month. Other controllable costs are expected to be $10,000 per month. Marketing costs have been fixed at $1,000 per month. For January, February, and March of 2020, Bistro 101 sales revenues were as follows: o January: $60,000 o February: $50,000 o March: $55,000