Sales Food 60% Beverage 40% Total Sales $2,000,000.00 Cost of Goods Food 35% Beverage 28% Total Cost of Goods Labor Direct $300,000.00 Indirect $100,000.00 3% Taxes, Insurance, Etc Total Labor Cost $460,000.00 $36,000.00 Operating Expense Occupancy Total Profit 8% Food sales are: $800,000 $1,200,000 $2,000,000 None of the above Food cost is: $420,000 $700,000 $560,000 O $224,000 QUESTION 17 Direct labor % is: 5% 15% 23% 25% QUESTION 18 Total profit is: $84,000 $700,000 $160,000 None of the above