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Total Sales for the period at Emanuel's Southern Italian Cuisine, is $100,000. If the total cost of sales for an establishment is $25,000, food cost
Total Sales for the period at Emanuel's Southern Italian Cuisine, is $100,000. If the total cost of sales for an establishment is $25,000, food cost is $10,000, wages are $27,500 and employee benefits are $2,500. What is the restaurant's prime cost percent for this period?
Select one:
a.65%
b.55%
c.45%
d.Prime cost cannot be calculated with the given information.
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