Reference no: EM132384111
Part 1 : Food Cost Ratio= Food Cost/Food Sales
Labor Cost Ratio = Labor Cost/Food Sales
Contribution Margin (profit) = Total Sales--Total Costs
Calculate:
Labor Cost is $5000.00
Food Cost is $5500.00
Food Sales = $20000.00
What is the Food cost ratio?
What is the Labor cost ratio?
What is the Total Cost ratio?
What is the Contribution Margin (profit) for the food cost?
What is the range for a good overall food cost for a restaurant operation?
Part 2:Beverage Cost or Pour Cost = Beverage Cost/Bar Sales
Calculate:
Beverage Cost is $1500.00
Beverage Sales = $6500.00
What is the beverage cost ratio?
What is the range for a good overall liquor cost?
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