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Find the labour cost percentage with the information givrn below Sales
Find the labour cost percentage with the information givrn below
Sales. 902,107
Expense
Food. 263,532
Beverage. 94,642
Labour. 151,938
Occupancy. 55,545
Depreciation. 8,015
Expert Solution
Computation of Labour Cost Percentage:
Labour Cost Percentage = Labour Cost / Sales
= $151,938/$902,107
Labour Cost Percentage = 16.84%
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