Question: Use the figures given below to complete the statement of income for the XYZ restaurant. Calculate the percentage for each category and analyze the %'s
Use the figures given below to complete the statement of income for the "XYZ" restaurant. Calculate the percentage for each category and analyze the %'s (high, low, at par) with respect to the industry averages as discussed in class. Food Sales $1,294,713.42 Salaries and Wages $453,642.90 Beverage Sales $537,306.00 Other Controllable $309,363.00 Beverage Cost $118,207.32 Employee Benefits $113,410.44 Food Cost $453,149.24 Occupancy Costs $84,753.00 Depreciation Expense $28,160.00 Interest $87,008.90
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