Considering the Balance Sheet Summary Below, it is correct to state (select only the correct statements): Total Sales $2,663,511.00 Food Sales $ 1,872,987.00 Beverage Sales $ 790,524.00 Cost of Goods Sold $ 996,238.00 Food Cost $ 693,761.00 Beverage Cost $ 302,477.00 Total Labor Cost $ 709,477.00 Prime Cost $1,705,715.00 Overhead Costs $ 782,987.00 Profit Beverage Cost is too high. Food Sales represents 70.32% of Total Sales. This Restaurant needs to reduce FC as its rate is above the industry's standard of 35%. This Restaurant offers 6.56% profit. Beverage Cost % is below industry's standard. I have no idea of what's going on Overhead Cost is the sum of Prime Cost and other expenses. This Restaurant achieved 10.2% of profit in the given period. This Restaurant presents a Prime Cost slightly below 65%, which would be the industry's standard