Randy's Restaurant SALES Food Beverage Total Sales COST OF SALES Food Beverage Total Cost of Sales $330,000.00 THIS YEAR $750,000.00 300,000.00 $1,050,000.00 $250,000.00 80,000.00 LAST YEAR $690,000.00 310,000.00 $1,000,000.00 $225,000.00 83,000.00 $308,000.00 LABOR Management Utility services Staff Employee benefits Total Labor Prime Cost Other Controllable Expenses: Legal/accounting Music and entertainment Marketing $55,000.00 $52,000.00 225,000.00 221,500.00 85,000.00 83.500.00 $365,000.00 $357,000.00 $695,000.00 $665,000.00 $1,750.00 $1,690.00 12,000.00 11,500.00 12,400.00 12,000.00 General and administrative 18,000.00 17,500.00 Repairs and maintenance 12,500.00 12,000.00 Controllable Income Total Other Controllable Expenses 15,000.00 13,500.00 $71,650.00 $68,190.00 Non-controllable Expenses: $283,350.00 $266,810.00 Rent Depreciation Licenses/permits Leases Total Non-Controllable Expenses Operating Income Interest Expense Other (Income) expense Income Before Income Taxes 2,500.00 $104,000.00 $179,350.00 $18,000.00 500.00 $160,850.00 $95,000.00 6,000.00 450.00 2,500.00 $103,950.00 $162,860.00 $19,000.00 500.00 $143,360.00 1. What was the difference between the operation's food sales this year from the previous year? Does this mark an improvement or a decline? 2. What was the difference between the operation's beverage sales this year from the previous year? Does this mark an improvement or a decline? $95,000.00 6,000.00 500.00 3. What was the difference between the operation's total sales this year from the previous year? Does this mark an improvement or a decline? 4. Did the operation spend more or less for food when comparing this year's expense to last year's expense? By how much? 5. Did the operation spend more or less for beverages when comparing this year's expense to last year's expense? By how much? 6. What was the amount of increase in management costs this year compared to last year? 7. What was the amount of increase in staff costs this year compared to last year? 8. What was the amount of increase in total labor costs this year compared to last year? 9. In what area or areas were this year's expense less than last year's expense? 10. What was the amount of profit made in the establishment this year? What was the amount of profit made last year? 11. Why do you think the operation's cost of sales food this year is higher than last year? 12. Why do you think the operation's cost of sales beverage this year is lower than last year?