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Question

Part 1 : Food Cost Ratio=  Food Cost/Food Sales

 

Labor

Cost Ratio = Labor Cost/Food Sales

 

Contribution Margin (profit) = Total Sales--Total Costs

 

 

Calculate:      Labor Cost is $5000.00   Food Cost is $5500.00       Food Sales = $20000.00

 

What is the Food cost ratio? ______________________

 

What is the Labor cost ratio? ______________________

 

What is the Total Cost ratio? ______________________

 

What is the Contribution Margin (profit) for the food cost? ________________

 

What is the range for a good overall food cost for a restaurant operation?  ________________

 

 

Part 2: Beverage Cost or Pour Cost = Beverage Cost/Bar Sales

 

Calculate:       Beverage Cost is $1500.00     Beverage Sales = $6500.00

 

What is the beverage cost ratio?      ______________________

 

What is the range for a good overall liquor cost? _____________

                                   

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