Question: BHMT 2 0 4 Cost Control Individual Assignment Instructions: You have recently opened a restaurant. Upon checking and analyzing, it is anticipated that the restaurant
BHMT
Cost Control
Individual Assignment
Instructions:
You have recently opened a restaurant. Upon checking and analyzing, it is anticipated that the restaurant
is earning good profits. From a business perspective, it is very important to maintain the productivity and
profitability of the restaurant. Prepare an income statement demonstrating fixed and variable costs. The
costs in the income statement is going to be estimated according to your preferences.
While preparing the Income statement, you have to identify the core areas where you can increase and
decrease the cost of the restaurant. You must analyze why and which area
s cost you are increasing and
decreasing based on your observation.
Do the Critical analysis in which you will explain an area and areas of improvement and why.
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