With the information below, calculate the prime cost percentage. Local Bistro Income statement As at jun 30
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Question:
With the information below, calculate the prime cost percentage.
Local Bistro
Income statement
As at jun 30 2020
Sales
Food198,452
Beverage.42,277
Total sales.-
Cost of sales
Food.47,150
Beverage.13,915
Total cost of sales.-
Gross profit.-
Controllable expense
Salaries and wages.44,261
Employee benefits.4,354
Other controllable expense.30,256
Total controllable expense.-
Occupancy, interest, depreciation
Occupancy.31,350
Interest.5,195
Depreciation.35,894
Operating profit/loss.-
Answer
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