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Homework answers / question archive / Find the labour cost percentage with the information givrn below   Sales

Find the labour cost percentage with the information givrn below   Sales

Accounting

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

 

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Computation of Labour Cost Percentage:

Labour Cost Percentage = Labour Cost / Sales

= $151,938/$902,107

Labour Cost Percentage = 16.84%

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