1)
Aday’s Restaurant has the following income statement:
Revenue: 

Food Sales 
$240,000 

Beverage Sales 
$86,000 

Total Sales 
$326,000 

Cost of Sales: 

Food Costs 
$72,000 

Beverage Costs 
$15,480 

Total Costs 
$87,480 

Gross Profit 
$238,520 

Expenses: 

Operating 
$8,000 

Labor 
$26,000 

Miscellaneous 
$4,000 

Administrative 
$14,000 

Total Expenses 
$52,000 

NET PROFIT 
$186,520 
Calculate operating expenses as a % of sales
Select one:
a. 3.00%
b.
5%
c.
6.34%
d.
2.45%
2)
Aday’s Restaurant has the following income statement:
Revenue: 

Food Sales 
$240,000 

Beverage Sales 
$86,000 

Total Sales 
$326,000 

Cost of Sales: 

Food Costs 
$72,000 

Beverage Costs 
$15,480 

Total Costs 
$87,480 

Gross Profit 
$238,520 

Expenses: 

Operating 
$8,000 

Labor 
$26,000 

Miscellaneous 
$4,000 

Administrative 
$14,000 

Total Expenses 
$52,000 

NET PROFIT 
$186,520 
Calculate labor expenses as a % of sales
Select one:
a. 3.00%
b.
10.00%
c.
7.98%
d.
2.45%
3)
Aday’s Restaurant has the following income statement:
Revenue: 

Food Sales 
$240,000 

Beverage Sales 
$86,000 

Total Sales 
$326,000 

Cost of Sales: 

Food Costs 
$72,000 

Beverage Costs 
$15,480 

Total Costs 
$87,480 

Gross Profit 
$238,520 

Expenses: 

Operating 
$8,000 

Labor 
$26,000 

Miscellaneous 
$4,000 

Administrative 
$14,000 

Total Expenses 
$52,000 

NET PROFIT 
$186,520 
Calculate miscellaneous expenses as a % of sales
Select one:
a. 3.00%
b.
10.00%
c.
1.23%
d.
2.45%
1) Option D : 2.45%.
Operating Expenses as a percentage of Sales means how much the operating expenses are include in the total sales = Operating Expenses / Total Sales = $8000 / $326000 = 0.02453 = 2.45%.
2) Option C : 7.98%.
Labour Expenses as a percentage of Sales means how much the Labour expenses are include in the total sales = Labour Expenses / Total Sales = $26000 / $326000 = 0.07975 = 7.98%.
3) Option C : 1.23%.
Miscellaneous Expenses as a percentage of Sales means how much the Miscellaneous expenses are include in the total sales = Miscellaneous Expenses / Total Sales = $4000 / $326000 = 0.01227 = 1.23%.
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