Complete the table below. Begin by using the Food Sales provided to calculate the Beverage Sales...
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Complete the table below. Begin by using the Food Sales provided to calculate the Beverage Sales and then the Total Sales. Complete all other values and calculate percentages using your knowledge of the food cost triangle. Dollars $ Sales: Cost of Sales: Controllable Expenses: Food $50,482.50 Fixed Expenses: Beverages Total Sales: $ 72,117.86 Food Beverages Total Cost of Sales: Gross Profit: Salary and Wages Utilities Other Expenses Total Controllable Expense: Rent Other Expenses Total Fixed Expenses: Net Income or (loss): Percent % 70.0% 30.0% 100% 30.0% of food revenue 35.0% of beverage revenue % with 1 decimal % with 1 decimal 30.0% of total revenue 12.0% of total revenue 7.0% of total revenue % with 1 decimal 7.0% of total revenue 5.0% of total revenue % with 1 decimal % with 1 decimal Complete the table below. Begin by using the Food Sales provided to calculate the Beverage Sales and then the Total Sales. Complete all other values and calculate percentages using your knowledge of the food cost triangle. Dollars $ Sales: Cost of Sales: Controllable Expenses: Food $50,482.50 Fixed Expenses: Beverages Total Sales: $ 72,117.86 Food Beverages Total Cost of Sales: Gross Profit: Salary and Wages Utilities Other Expenses Total Controllable Expense: Rent Other Expenses Total Fixed Expenses: Net Income or (loss): Percent % 70.0% 30.0% 100% 30.0% of food revenue 35.0% of beverage revenue % with 1 decimal % with 1 decimal 30.0% of total revenue 12.0% of total revenue 7.0% of total revenue % with 1 decimal 7.0% of total revenue 5.0% of total revenue % with 1 decimal % with 1 decimal
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The table is based on the following information Food sales 5048250 Beverage sales 30 of food s... View the full answer
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
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