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QUESTION

Food and Beverage Control As a manager of a busy restaurant, why is accurate forecasting important?

Food and Beverage Control

3. April Sales at Kitty's restaurant were $48,510. Food and Beverage expenses were $12,128 and Labor expenses were $14,553. Other operating expenses were $10,642. 

Kitty planned for a profit of $12,000 for the month of April. Did she earn her desired profit? Briefly explain your answer using the data presented in the problem. Show all work. 

Month                        Food revenue                  Standard food costs                      Actual food costs

January                      $75,320                             33%                                                   38%

February                    $68,120                             32%                                                   34%

March                         $73,450                             33%                                                   36%

What is the total variance for food cost in $ for this 3 month period? Show all work.

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