Application Exercise

APPLICATION EXERCISE

Golda's Skillet Diner has the following information: customer count, daily sales, food cost percentage, and labor cost percentage information. The establishment does not

estimate beverage cost separately. Given the following information, prepare a sales forecast, a food cost budget, and a labor cost budget.

assumed that the customer count for Saturday is re as high as Wednesday. What is the total weekly pmer count?

Iso assumed that daily sales for Saturday are than sales on Tuesday. How much are total y sales?

nuch is the average check for each day, and for ple week?

st percentage is $10\%$ higher on Saturday than sday. How much is the daily food cost ge for the week?

E$.$ How much is the food cost budget for the

F$.$ Labor cost percentage is $20\%$ higher on on Monday. What is the labor cost perce week?

G$.$ What is the total labor cost budget for

H$.$ What is the average prime cost percent weekly basis?