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What is the initial budgeted Profit (before Tax) Being planned for the current year , given the following information? - Revenue (Food) $975,000 - Revenue
What is the initial budgeted Profit (before Tax) Being planned for the current year , given the following information? - Revenue (Food) $975,000 - Revenue (Beverage) $135,000 - Food cost = 31% of food revenue - Beverage cost = 22% of beverage revenue - Labor cost (payroll) = 34% of total revenue - Employee benefits = 18% of labor cost (payroll) - Other operating expenses = 14% of total revenue - All fixed cost = 8% of total revenue
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