What is the labor cost percentage?Use the following informat…
What is the labor cost percentage?Use the following information to answer the question.SalesFood $199,077Beverage $ 82,546Total Sales $281,623CostsFood $ 69,876Beverage $ 18,160Total Cost of Sales $ 88,036Sales – Costs = $193,587Controllable ExpensesSalaries/Wages/Benefits $ 81,671Other Expenses $ 76,037Total Controllable Expenses $157,708Controllable Income $ 35,879Noncontrollable Expenses Total Noncontrollable Expenses $ 31,823Net Income/Net Loss Before Taxes $ 4,056
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