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Based on the Income Statement below please fill in the blank besides the question.
20 percent of Labour Cost is a Fixed Cost
80 percent of Labour Cost is a Variable Cost
What is the Food Cost percent
What is the Beverage Cost percent
What is the Prime Cost percent
What is the Labour Cost percent
What is the Break-Even in dollars
For your answers in percentage use a period and ONE decimal. Do NOT use the percentage sign. i.e., 12.3
For your answer in dollars do NOT include the dollar sign do not use any punctuation for the digits. i.e., 12345678
Sam 'n Ella's Diner Income Statement Ending December 31, 2009 Sales Food Beverage 820.000 430.000 Cost of Sales Food Beverage 252.000 125.400 COGS Gross Profit Expenses Salaries & Wages (20/80) Staff benefits Rent Office & General Utilities Repairs & Maintenance Rest & Kitchen supplies Advertising Insurance Automobile Management Bonus Total Expenses Net Profit/Loss 362.500 37.500 100.000 31.250 35.000 37.500 43.750 37.500 25.000 31.250 45.000
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