Question: CD-ROM Exercise 2.2 Use the figures givenbelow to complete the statement of income for the Blackburn Tavern, calculate percentages for each catagory as illustrated in
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| CD-ROM Exercise 2.2 Use the figures givenbelow to complete the statement of income for the Blackburn Tavern, calculate percentages for each catagory as illustrated in Figure 2.1
Food Sales $723,556.00 Salariesand Wages $228,456.00 Beverage Sales $224,945.00 Other Controllable $145,532.00 Beverage Cost $ 57,534.00 Employee Benefits $ 14,667.00 Food Cost $265,998.00 Occupancy Costs $ 44,860.00 Depreciation Expense $ 74,856.00 Interest $ 21,790.00 | ||||||||
| Exercise 2.2 | ||||||||
| Blackburn Tavern | ||||||||
| INCOME STATEMENT | Percent of Sales | |||||||
| YEAR ENDED DECEMBER 31, 20XX | ||||||||
| Sales | ||||||||
| Food | $ | % | ||||||
| Beverage | % | |||||||
| Total Sales | $ - | % | ||||||
| Cost of Sales | ||||||||
| Food | $ | % | ||||||
| Beverage | % | |||||||
| Total Cost of Sales | $ - | % | ||||||
| Gross Profit | $ - | % | ||||||
| Controllable Expenses | ||||||||
| Salaries and Wages | $ | % | ||||||
| Employee Benefits | % | |||||||
| Other Controllable Expenses | % | |||||||
| Total Controllable Expenses | $ - | % | ||||||
| Income Before Occupancy costs | $ - | % | ||||||
| Interest, Depreciation, and Income Taxes | ||||||||
| Occupancy Costs | $ | % | ||||||
| Interest | % | |||||||
| Depreciation | % | |||||||
| Total | $ - | % | ||||||
| Restaurant Profit | $ - | % | ||||||
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