7. Bernie Larson is the manager of a New York style delicatessen. Bernie's boss has established...

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7. Bernie Larson is the manager of a New York style delicatessen. Bernie's boss has established performance targets that determine the amount of bonus Bernie will receive each month. Bemie's performance is evaluated in five separate categories. Bernie can receive a 2% salary bonus for each of the five targets he achieves. If he achieves all five goals, he can receive a total of 10% in salary bonus. Bemie earns a 2% bonus when His food cost is 28% or less • His total cost of sales is 25% or less . His labor cost is 20% or less for the "Staff category • His total labor cost is 32% or less . His prime costs are less than 60% of total sales Review the targets established for Bernie's performance; complete the sales, costs, and prime cost portions of Bernie's P&L and then answer the questions that follows This Month ($)% SALES Food Beverage Total Sales COST OF SALES Food Beverage Total Cost of Sales LABOR Management Staff Employee Benefits Total Labor Cost PRIME COST 73,500 115.000 21.150 7,450 7,800 21,850 6,225 COST OF SALES Food Beverage Total Cost of Sales LABOR Management Staff Employee Benefits Total Labor Cost 21,150 7,450 7,800 21,850 6,225 PRIME COST a. Did Bernie achieve his targeted food cost percentage? b. Did Bernie achieve his targeted total cost of sales percentage? c. Did Bernie achieve his targeted "Staff" labor cost percentage? d. Did Bernie achieve his targeted total labor cost percentage? e. Did Bernie achieve his targeted prime cost percentage? f. What percent of his monthly salary will Bernie receive as a bonus this month? 8. Bonus: Sophia Kline is the general manager of the 300-room Sunburst Hotel and Conference Center Fach month Sonhia creates a forecast or estimate of the operatin 7. Bernie Larson is the manager of a New York style delicatessen. Bernie's boss has established performance targets that determine the amount of bonus Bernie will receive each month. Bemie's performance is evaluated in five separate categories. Bernie can receive a 2% salary bonus for each of the five targets he achieves. If he achieves all five goals, he can receive a total of 10% in salary bonus. Bemie earns a 2% bonus when His food cost is 28% or less • His total cost of sales is 25% or less . His labor cost is 20% or less for the "Staff category • His total labor cost is 32% or less . His prime costs are less than 60% of total sales Review the targets established for Bernie's performance; complete the sales, costs, and prime cost portions of Bernie's P&L and then answer the questions that follows This Month ($)% SALES Food Beverage Total Sales COST OF SALES Food Beverage Total Cost of Sales LABOR Management Staff Employee Benefits Total Labor Cost PRIME COST 73,500 115.000 21.150 7,450 7,800 21,850 6,225 COST OF SALES Food Beverage Total Cost of Sales LABOR Management Staff Employee Benefits Total Labor Cost 21,150 7,450 7,800 21,850 6,225 PRIME COST a. Did Bernie achieve his targeted food cost percentage? b. Did Bernie achieve his targeted total cost of sales percentage? c. Did Bernie achieve his targeted "Staff" labor cost percentage? d. Did Bernie achieve his targeted total labor cost percentage? e. Did Bernie achieve his targeted prime cost percentage? f. What percent of his monthly salary will Bernie receive as a bonus this month? 8. Bonus: Sophia Kline is the general manager of the 300-room Sunburst Hotel and Conference Center Fach month Sonhia creates a forecast or estimate of the operatin

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From the information and images provided we can proceed to answer the questions Bernie has targets on various categories of his restaurants performance which include food cost percentage total cost of ... View the full answer