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Hot Pot Restaurant has the following information: customer count, daily sales, food cost percentage, and labor cost percentage information. The...

I need help I do not know how to calculate and what formula to usethanks


Screen Shot 2019-05-03 at 4.11.03 PM.png

Screen Shot 2019-05-03 at 4.11.03 PM.png

Hot Pot Restaurant has the following information: customer count, daily sales, food cost percentage, and labor cost percentage information. The establishment does not estimate beverage cost separately. Completed the forecast daily sales, average check, food cost percentage, food cost, labor cost and labor cost percentage. Sunday Monday Tuesday Wednesday Thursday Friday Saturday Totals/Avg Customer
count 104 Daily
sales ($) $2,300. 62 $1,563 76 $1,876 100 $2,694. 146 $4,151. 200 $5,183. 150 $6000. Average
check per
customer ($) Food
cost (%) 27% 28% 29% 28% 30% 31% 33% Food
cost
budget ($) Labor 25% cost (%) 28% 30% 29% 29% 30% 32% Labor
cost
budget ($)

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Please find the... View the full answer

Hot Pot Restaurant forecast.jpg

Sunday*
Monday
TUESday*
WEDNESDAY
Thursday
Friday"
Saturday
AVERAGE
Customer count
1014
5 2
145
200
1.50
119 . 71
Daily Sales
2, 300.00
1, 503. 010
1, 875. 00
2, 594. 00
4, 151. 0 0
5, 183.00...

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