Question

searched before they leave the premises each dy this will reduce the problem of employee theft. Discuss the pos costs and potential benefits the manager should consider before tuting this policy. 11. Define standard procedures, and give two examples from your own 12. The following information has been prepared by the manager of the experience. Market Restaurant. It represents his best estimates of sales and various costs for the coming year. Using this information, prepare an operat- ing budget for the Market Restaurant for the coming year, following the illustration provided in this chapter Food sales: $820,000 Beverage sales: $290,000 Cost of food: 36 percent of food sales Cost of beverages: 24 percent of beverage sales Variable salaries and wages: 20 percent of food sales Fixed salaries and wages: $102.000 Employee benefit: 25 percent of total salaries and wages Other controllable expenses: $95,000 Depreciation: $65,500 Interest: $55,000 Occupancy costs: $56,000 3.in the current year, the manager of the Downtowner Restaurant has been following the operating budget reproduced here: For the coming year, the following changes are expected: a. Food sales will increase by 10 percent. b. Beverage sales will increase by 6 percent. c. Food cost percent and beverage cost percent will remain the same d. Fixed salaries and wages-$69.300 for this year-will increase $8,000. Variable salaries and wages will be 16 percent of e food sales. e. Employee benefits will remain the same percentage of sal f. Controllable expenses will increase by $12,000.

Please help me for question 12 13 14. Thank you !!

Answer 1

12) Sales %Sales
Food 820,000 73.87%
Beverage 290,000 26.13%
Total Sales 1110000 100.0%

Cost of Sales
Food 295200 35.0% (of food)
Beverage 69600 24.0% (of beverage)
Total Cost of Sales 364800 32.86%
Gross Profit 745200 67.14%

Controllable Expenses
Salaries and Wages 222000 20.0%
Employee Benefits 277500 25.0%
Other Controllable Expenses 95000 8.56%
Total Controllable Expenses 594500 53.56%
In Bef Occupancy Costs 150700 13.58%.

Interest, Depreciation, and Income Taxes
Occupancy Costs 56000 5.045%
Interest 55000 4.95%
Depreciation 65500 5.9%
Total 176500 15.0%
Restaurant Profit -25800 -2.324%