PROFIT AND LOSS STATEMENT
Given: Total Seats 100 Total turns 2
ASSUMPTIONS: Average check: $25 food and $10 beverage.
Food cost is 28% of food sales. Beverage cost is 19% of beverage sales, and labor is 29%.
Direct operating expenses are 28% and occupancy cost is 8%.
What are total weekly sales?
What is the SALES MIX as a percentage?
What is food cost as a dollar amount? Remember, you must find food sales first.
What is beverage cost as a dollar amount? Remember, you must find beverage sales first.
What is the cost of goods sold as a percentage?
What is the gross profit as a dollar amount?
What is the gross profit as a percentage?
What is labor cost as a dollar amount?
What are direct operating expenses in dollars?
What are occupancy costs in dollars?
What is the profit in dollars?
