Author Question: A restaurant has calculated that its benefits cost is 20% of the base pay. At this restaurant, an ... (Read 324 times)

Zulu123 · **on:** Aug 20, 2020

Question 1

A restaurant has budgeted a total weekly payroll of $5,000 and their share of FICA/Medicare/unemployment is $650. Their benefits are budgeted at $550. Their forecasted sales for the coming week are $15,250. What is their forecasted labor cost percentage?
◦ 30.3%
◦ 40.6%
◦ 32.7%
◦ 37.4%

Question 2

A restaurant has calculated that its benefits cost is 20% of the base pay. At this restaurant, an employee who earns an hourly wage of $10 would have an actual labor cost of
◦ $12.00
◦ $8.00
◦ $12.50
◦ $7.50

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

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