hw11.1 - 30,600 Depreciation 8,400 1.83% 9,000 177,900...

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Dong Hyun Koo A36594 The Stillwater Grill Budget Worksheet for September2011 2010 Actual % 2011 Budget Sales: Food 346,500 75.33% 367,290 Beverage 113,500 24.67% 118,040 Total Sales 460,000 100.00% 485,330 Cost of Sales: Food 116,500 33.62% 123,490 Beverage 18,750 16.52% 19,500 Total Cost of Sales 135,250 29.40% 142,698 Gross Profit: Food 230,000 66.38% 243,800 Beverage 94,750 83.48% 98,540 Total Gross Profit 324,750 70.60% 342,632 Operating Expenses Salaries and Wages 72,500 15.76% 75,037.50 Employee Benefits 12,400 2.70% 13,640 16,550 3.60% 16,881 Music and Entertainment 3,200 0.70% 3,264 Marketing 6,650 1.45% 6,783 Utility Services 11,950 2.60% 12,189 Repairs and Maintenance 3,500 0.76% 3,570 12,750 2.77% 13,005 Occupancy 30,000 6.52%
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Unformatted text preview: 30,600 Depreciation 8,400 1.83% 9,000 177,900 38.67% 183,970 Operating Income 146,850 31.92% 158,663 Interest 14,000 3.04% 13,200 132,850 28.88% 145,463 Income Taxes 33,213 7.22% 36,366 Net Income 99,638 21.66% 109,097 Direct Operating Expenses Administrative and General Total Operating Expenses Income Before Income Taxes *e. The profit margin for 2011 is projected to be higher than it was in 2010 by 0.82% 4103 % 75.68% 24.32% 100.00% 33.62% 16.52% 29.40% 66.38% 83.48% 70.60% 15.46% 2.81% 3.48% 0.67% 1.40% 2.51% 0.74% 2.68% 6.30% 1.85% 37.91% 32.69% 2.72% 29.97% 7.49% 22.48%...
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hw11.1 - 30,600 Depreciation 8,400 1.83% 9,000 177,900...

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