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A restaurant has calculatcd that its benefits cost is 20% of the base pay. At th

ID: 2719988 • Letter: A

Question

A restaurant has calculatcd that its benefits cost is 20% of the base pay. At this restaurant, an employee who earns an hourly wage of SIO would have an actual labor cost of A restaurant is open 22 days each month. Its monthly fixed payroll cost is $30,800. and its daily variable payroll cost is $2,000. What is the restaurant's total daily payroll cost. A restaurant had sales of S3.600 the previous Saturday during dinner, and 9 people each worked 4 hours. What arc its sales per labor hour A restaurant served 3,000 people during the past week. Its labor hours for the week totaled 1.250. How many covers per hour did the restaurant serve A restaurant spent $ 11.562 on total labor for the past week and served 2.896 guests. What was the restaurant's labor cost per cover A restaurant has set its standard labor cost percentage at 31%, and it projects sales to be $3,482 for the upcoming Saturday night. What arc the total available labor dollars for this restaurant A restaurant has forecasted that it will serv e 260 people during the dinner shift on Thursday. The restaurant is open for dinner for 5 hours and has set a standard of 13 covers per serv er. How many servers should the restaurant schedule for this shift A restaurant has budgeted a total weekly payroll of $5,000. and its share of FICA'Medicare unemployment is $650. Benefits are budgeted at $550. and forecasted sales for the coming week arc $ 15.250. What is the restaurant's forecasted labor cost percentage

Explanation / Answer

1 Base Pay (Hourly Wage Rate) $10 Add: Benefits Cost : $10*20% $2 Actual Labour Cost $12 2 Fixed Pay Roll Cost $30,800 Add: Variable Payroll Cost : (22 days*$2000) $44,000 Total Daily Payroll Cost $74,800 3 Sales $3,600 Total Labour Hour : (9*4hours) 36 Sales per Labour Hour : (3600/36) $100 4 People Served 3000 Total Labour Hours 1250 Covers per hour :(3000/1250) 2.4 5 Total Labour Cost $11,562 Guests Served 2896 Labour Cost Per Cover : (11562/2896) $3.99 6 Projected Sales $3,482 Labour Cost % 20% Labour ($) $696.40 7 People to be Served 260 Hours 5 Total labour hours 1300 Cover per server 13 Server required 100 8 Buggeted Payroll 5000 Add: Pay roll Tax :FICA/Medical/ Unemployment 650 Budgeted Benefits 550 Labour Cost 6200 Budgeted Sales 15250 % of Labour Cost : (6200/15250)*100 40.66%