Beverage sales are $90,000 and are 41% of total sales. Food cost percentage is 22% and beverage
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Question:
Beverage sales are $90,000 and are 41% of total sales. Food cost percentage is 22% and beverage cost percentage is 18%. Labour costs are 17% and other expenses are 23%. Calculate:
a) Total Sales
b) Food Sales
c) Cost of food sales
d) Gross Margin and Gross Margin percentage
e) Net Income and Net Income Percentage
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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