Compute the following: Prime Cost (in dollars) Prime Cost Percent Sales Exhibit 5.12 Profit-and-Loss Statement Food Bar

Compute the following: Prime Cost (in dollars) Prime Cost Percent 

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Sales Exhibit 5.12 Profit-and-Loss Statement Food Bar Total sales Cost of sales Food Bar Total cost of sales Gross profit Operational expenses Wages Vacation and retirement Payroll taxes Employee meals Salaries Supplies Maintenance and repair Laundry and uniforms Advertising Dishes, glassware, etc. Heat, light, and power Office expenses Total operational expenses Occupancy expenses Capital costs (interest, mortgage) Rent Insurance Depreciation Taxes Total occupancy expenses Total operational and occupancy expenses Net profits $366,412 138,222 $128,944 29,978 $151,402 10,093 5,407 10,067 12,617 15,008 7,511 11,608 2,418 7,710 15,001 7,065 $15,140 35,327 2,487 20,187 10,008 $7,016 73% 27 35% 22 30.0% 2.0 1.0 2.0 2.5 3.0 1.5 2.3 0.5 1.5 3.0 1.4 3.0 7.0 0.5 4.0 2.0 1.4% $504,634 $158,922 $345,712 $255,547 $83,149 $338,696 100.0% 31.5% 68.5% 50.6% 16.5% 67.1% Sales Exhibit 5.12 Profit-and-Loss Statement Food Bar Total sales Cost of sales Food Bar Total cost of sales Gross profit Operational expenses Wages Vacation and retirement Payroll taxes Employee meals Salaries Supplies Maintenance and repair Laundry and uniforms Advertising Dishes, glassware, etc. Heat, light, and power Office expenses Total operational expenses Occupancy expenses Capital costs (interest, mortgage) Rent Insurance Depreciation Taxes Total occupancy expenses Total operational and occupancy expenses Net profits $366,412 138,222 $128,944 29,978 $151,402 10,093 5,407 10,067 12,617 15,008 7,511 11,608 2,418 7,710 15,001 7,065 $15,140 35,327 2,487 20,187 10,008 $7,016 73% 27 35% 22 30.0% 2.0 1.0 2.0 2.5 3.0 1.5 2.3 0.5 1.5 3.0 1.4 3.0 7.0 0.5 4.0 2.0 1.4% $504,634 $158,922 $345,712 $255,547 $83,149 $338,696 100.0% 31.5% 68.5% 50.6% 16.5% 67.1%

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Prime CostDirect materialDirect labour 15892... View the full answer