RICHTER'S STEAK HOUSE P&L FOR THE PERIOD: 4/1/12 TO 4/30/12 SALES Food Beverage Total Sales COST OF SALES Food Beverage $ 80,000 20,000 $100,000 Total Cost of Sales LABOR Management Staff Employee benefits Total Labor Prime Cost Other Controllable Expenses: Legal/accounting Music and entertainment $ 32,000 5,000 $ 37,000 6,000 20,000 4,000 $ 30,000 $ 67,000 500 5,000 Recalculate Operating Income with Equal sales and costs except a 1% theft in food sales and a 10% theft in liquor sales. Marketing Utility services General and administrative 250 2,000 4,050 Repairs and maintenance Total Other Controllable Expenses Controllable Income Noncontrollable Expenses: Rent Depreciation Licenses/permits Leases 2,000 $ 13,800 $ 19,200 $ 5,700 3,500 100 2,000 $ 11,300 $ 7,900 Interest expense 800 Other (income) expense 200 Income Before Income Taxes $ 6,900 Total Noncontrollable Expenses Operating Income