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Im in culinary arts and need an assignment done in 24 hours

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Answered Same Day Apr 29, 2021

Solution

Riddhi answered on Apr 30 2021
151 Votes
Operating Budget
        Sales
    100%
    Food Cost
    25%
    Labor Cost
    35%
    Overhead
    30%
    Profit
    10%
Operating Budget assuming skilled workforce
    
    
    
    Particulars
    Burge
    Chicken sandwich
    Chicken Fingers
    Chicken wings
    Veggie burge
    Sales Qty
    125
    100
    200
    50
    25
    SP Per unit
    12.5
    10.5
    9
    11.5
    12
    Sales per day
    1562.5
    1050
    1800
    575
    300
    Food Cost(25%)
    390.625
    262.5
    450
    143.75
    75
    Labor Cost (35%)
    390.625
    367.5
    630
    201.25
    105
    Overhead (30%)
    468.75
    315
    540
    172.5
    90
    Profit (10%)
    156.25
    105
    180
    57.5
    30
Operating Budget for 7 days
    Particulars
    Burge
    Chicken sandwich
    Chicken Fingers
    Chicken wings
    Veggie burge
    Sales Qty
    125
    100
    200
    50
    25
    SP Per unit
    12.5
    10.5
    9
    11.5
    12
    Sales per day
    1562.5
    1050
    1800
    575
    300
    No. of days
    7
    7
    7
    7
    7
    Total Sales
    10937.5
    7350
    12600
    4025
    2100
    Food Cost(25%)
    2734.375
    1837.5
    3150
    1006.25
    525
    Labor Cost(35%)
    2734.375
    1837.5
    3150
    1006.25
    525
    Overhead (30%)
    3281.25
    2205
    3780
    1207.5
    630
    Profit (10%)
    1093.75
    735
    1260
    402.5
    210
Assignment 1 – Sales
1. Calculate how many of each menu item sold each day using sales forecasting percentages from day 4.
    Day
    Covers
    Burgers
    Chicken sandwich
    Chicken fingers
    chicken wings
    Veggie burge
    Â 
    100%
    25%
    20%
    40%
    10%
    5%
    4
    598
    150
    120
    239
    60
    30
    5
    601
    150
    120
    240
    60
    30
    6
    690
    173
    138
    276
    69
    35
    7
    480
    120
    96
    192
    48
    24
    Â Total
    2369
    592
    474
    948
    237
    118
2. Using answer in #1, and your menu prices, calculate total sales daily.
    Price for each menu item
    
    Burge
    $12.5...
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