use the information below to make a new income statement like the one from above. find the new cost of food and the rest
McDonald's Franchises in the USA 2012 Income Statment Sales: $2.700,000 Food Costs S0.000 00 S.000.00 Paper Cot Gross profit $10R.000 00 $10.000.00 172.0.00 Controllable Expenses: Cre payrol 1 Manager payro 2 Payrol Tas Adverising 4 Promotions Outside serices Linen P Operating supples Maintenance and epar S540.000 00 $10.000.0 S4000 00 S54.000 00 $OR.00000 $10.000.00 $13.500 00 $13.500 0 S2700000 5.400 00 S27.000 D0 R00.00 12.700.00 S5.400.00 S10000 S1.000.00 2.000 S13.500 00 20 Cash over short S2.700.0 4.7500 M70.00 21 Mscellanesus Profit after controllables S71.400.0 Noncontrollable expenses: 24 Rent and fees 2* Legal and acoounting 27 Insurance 8.10000 S8,100.00 SS4.000 00 Tases and lcerses $2.700.00 Macelaneoun income and experse $2.700 00 2 20 Depreciation and anortton 1 eret epere 22 Net nanproduct $2.700.00 $153,900.0 Total operating income 14 TFC S15so.00 TVC S7.150.00 41 TFC Break Even TVC PAVC 4) 45 8-52.84 47 Meais to Brea Evenn They open for Mea per day meal 16 hours days ina year 16 Meals per day 44 meals on hour 53 nt Adjusted 2012 Income Statement-Break even Inflation atment 2012 2020 Research We went to a few Mcdonalds to get avrage costs for wages and did additional research. Our research has shown the following: 4 Managers e $27,000.00 Managers 3@ $27,000.00 There are 6-7 Managers avrage 44 Crew 30 Crew Members e $12.272.00 Members e $12.272.00 Avrage Pay Roll for managers is 101-105 Aurage Payroll for Crew members is 98 Inflation rate 2.07 Inflation rate 1.9 Food Index Food Index for 2020 increases to 4.0 because of inflation, as a result of this our avrage meal cost decreases from $8 per meal to $6.99. Sales is now at an increased cost. The variable costs on our income statment will be affected (Wendy explains with an equation) New Quantity 414,878 Make adjustments to salary based on inflation, food based on food index. Adjust variables based on changes g-mac-taking-a-bite-of-reality! big-mac-index McDonald's Franchises in the USA 2012 Income Statment Sales: $2.700,000 Food Costs S0.000 00 S.000.00 Paper Cot Gross profit $10R.000 00 $10.000.00 172.0.00 Controllable Expenses: Cre payrol 1 Manager payro 2 Payrol Tas Adverising 4 Promotions Outside serices Linen P Operating supples Maintenance and epar S540.000 00 $10.000.0 S4000 00 S54.000 00 $OR.00000 $10.000.00 $13.500 00 $13.500 0 S2700000 5.400 00 S27.000 D0 R00.00 12.700.00 S5.400.00 S10000 S1.000.00 2.000 S13.500 00 20 Cash over short S2.700.0 4.7500 M70.00 21 Mscellanesus Profit after controllables S71.400.0 Noncontrollable expenses: 24 Rent and fees 2* Legal and acoounting 27 Insurance 8.10000 S8,100.00 SS4.000 00 Tases and lcerses $2.700.00 Macelaneoun income and experse $2.700 00 2 20 Depreciation and anortton 1 eret epere 22 Net nanproduct $2.700.00 $153,900.0 Total operating income 14 TFC S15so.00 TVC S7.150.00 41 TFC Break Even TVC PAVC 4) 45 8-52.84 47 Meais to Brea Evenn They open for Mea per day meal 16 hours days ina year 16 Meals per day 44 meals on hour 53 nt Adjusted 2012 Income Statement-Break even Inflation atment 2012 2020 Research We went to a few Mcdonalds to get avrage costs for wages and did additional research. Our research has shown the following: 4 Managers e $27,000.00 Managers 3@ $27,000.00 There are 6-7 Managers avrage 44 Crew 30 Crew Members e $12.272.00 Members e $12.272.00 Avrage Pay Roll for managers is 101-105 Aurage Payroll for Crew members is 98 Inflation rate 2.07 Inflation rate 1.9 Food Index Food Index for 2020 increases to 4.0 because of inflation, as a result of this our avrage meal cost decreases from $8 per meal to $6.99. Sales is now at an increased cost. The variable costs on our income statment will be affected (Wendy explains with an equation) New Quantity 414,878 Make adjustments to salary based on inflation, food based on food index. Adjust variables based on changes g-mac-taking-a-bite-of-reality! big-mac-index