In a casual Italian restaurant, sales for the week of September 15 are as follows:

Food sales $ 10,000
Beverage sales $2,500
Total $ 12,500

A. If the food cost is 30 percent, how much did the food actually cost?
B. If the beverage cost is 25 percent of beverage sales, how much did the beverages cost?
C. If the total labor cost is 28 percent, how much money does that represent and how much is left over for other costs and profit?

Respuesta :

According to the information it can be calculated that the food costs $3,000, beverage $625, labor $3,500.

How to calculate the true cost of food?

To calculate the cost of the food it is necessary to obtain the percentage that is required, for this we must do the following mathematical operations:

Food

  • $10,000 ÷ 100 = 100
  • 100 × 30 = $3,000

Beverage

  • $2,500 ÷ 100 = 25
  • 25 × 25% = $625

Labor

  • $12,500 ÷ 100 = 125
  • 125 × 28 = $3,500

Total Profit

  • $3,500 + $625 + $3,000 = $7,125

  • $12,000 - $7,125 = $4,875

From the above, it can be inferred that the food costs $3,000, the drinks cost $625, the total labor costs $3,500, and the profit is $4,875.

Learn more about profit in: https://brainly.com/question/15036999

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