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The cost of goods sold at a restaurant was $5,620 for a one week period. Gross profit for the period was $10, 975, and the
The cost of goods sold at a restaurant was $5,620 for a one week period. Gross profit for the period was $10, 975, and the labor cost for the same period at the restaurant was $4,211 in wages and $500 for employee benefits. What is the prime cost for the restaurant this week?
Select one:
a.$9,831
b.$10,331
c.$10,975
d.There is not enough information provided to determine prime cost
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