Author Question: A restaurant has $90,000 in sales, $31,000 in food costs, $34,000 in labor costs and $24,000 in ... (Read 207 times)

awywial · **on:** Aug 20, 2020

Question 1

A restaurant experiences a 3% increase in sales based on their budget. This restaurant should also expect to see a 3% rise in
◦ fixed costs.
◦ variable costs.
◦ profits.
◦ expenses.

Question 2

A restaurant has $90,000 in sales, $31,000 in food costs, $34,000 in labor costs and $24,000 in other costs. They have experienced a
◦ profit of $2,000.
◦ loss of $1,000.
◦ profit of $1,000.
◦ loss of $3,000.

jjorrostieta · **Reply #1 on:** Aug 20, 2020

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