A restaurant manager estimates his total labor cost for next month to be 30% of forecasted revenue.
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A restaurant manager estimates his total labor cost for next month to be 30% of forecasted revenue. Employee benefits are estimated to be 18% of total labor costs. The manager forecasts next month’s total revenue to be $75,000. What would be amount of this manager’s fore-casted employee benefits for next month?
a. $4,050
b. $8,100
c. $13,500
d. $22,500
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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