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zimbabwe
Mar 9, 2009, 05:50 AM
revenue 122000
allowances 2000
cost of food 30000
food transfer to beverages 4200
cost of employee meals 5800
beverage transfers to food 10000
salaries 13000
employee benefits 7300
china,glassware 3950
contract services 550
laundry and dry cleaning 4000
licenses 300
miscalleneous 1350
music 1800
operating supplies 2500
telecoms 3050
training 7150
uniforms 1100
other expenses 100
meeting room rentals 3500
miscalleneous banquiting income 3700
service charges 600

a)prepare income statement of a food department at z hotel
b)work out the common size percentage for all items in the income statement except for transfers to beverages,cost of empoyee meals,and beverage transfers to food.

codyman144
Mar 9, 2009, 06:18 AM
For common size income statement you divide all the items on the statement by the top line number... revenues.

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