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The Two Geese restaurant is contemplating giving the hourly employees a 15.0% wage raise. The maximum labor cost that the restaurant can afford is 40%,

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The Two Geese restaurant is contemplating giving the hourly employees a 15.0% wage raise. The maximum labor cost that the restaurant can afford is 40%, an acceptable variance of 1%. Using the data presented in the table below, determine if the restaurant is profitable after raising the wages of its workers. Please fill in the blanks in the table below. Do not type dollar (s) or percent (%) characters Please round the dollar numbers to two decimal places, such as XXX.XX Please round the percent numbers to one decimal place, such as XXX Wage raise: 15% Week Original labor cost (5) Raise in dollars (5) Total cost of labor ($) Sales (5) Labor cost (9) 5,800 17.000 1 2 6,500 19,400 3 6.250 19,200 4 5,950 17,800 Total

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