Name: Cost Control HTM 349 Date: 1. James owns a fine-dining restaurant( Taste of France) in a suburb of a major coastal city. Last year, his sales were not as high as she would have liked. To help increase his sales volume, James decided to hire a sales consultant, Tia Frost, to help bring in more customers James hired Tia on a trial basis for the first six months of the year. Tina was paid a fixed fee of $1,500 per month and a commission of 1 percent of all sales. At the end of June, James wants to evaluate whether she should hire Tia for the next six months. Calculate James's sales consultant cost percentage. Mixed Sales Fixed Fee 2.5 % Variable | Total Expense | Cost % Expense, Expense-Sales consultant Month which can be the Food costs Expense $2,275 2,000 January February March April May June Total $91,000 80,000 88,000 92,000 $1,500 1,500 1,500 1,500 3,775 3,500 3,700 3,800 0.041 or 4.14% 0.043 or 4.37% 0.042 or 4.20% 0.041 or 4.13% 2,300 110.000 108,000 569,000 | 0.038 or 3.86% 0.038 or 3.88% 0.040 or 4.08% 1,500 2,700 14,225 4,200 23,225 1,500 6-Month Total/Average 20 points+ 2. Use the information above and prepare a profit and Loss Statement in the correct format. Ignore the cost % column for the income statement. Be sure it is in the correct format to receive credit. This is a 6 month income statement. 25 points