BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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Can anyone answer the following:
Pat is the catering supervisor of an organisation which has decided to provide lunch for its 300 employees.
Senior managers have estimated that 80% of their employees will use the restaurant for a meal on five days a week for 50 weeks a year.
The menu, with limited choice, will be offered at a self-service counter.
An average meal is not to exceed £1.20 in materials cost to the restaurant.
The following estimates have been made.
-Gas, electricity and heating : £10,000
-Crockery, cutlery and replacements : £2,000
-Cleaning, laundry and sundries : £3,000
Pat, as catering supervisor, is paid £18,000 a year.
Wages for kitchen and other staff are £5,000 a month for 12 months in a year.
QUESTIONS
1.How many meals will Pat need to provide daily?
2.What is your estimate for the number of meals per year?
3.Identify and quantify the following costs for a cost statement.
a.Labour costs
b.Material Costs
c.Overheads
d.Total sales required to cover the costs
e.The average selling price per meal needed to cover costs
4.If the organisation decides to charge £2 for a three-course lunch, how much it is going to have to subsidise each meal?
5.What percentage will this organisational subsidy be of the annual sales through the restaurant.
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3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
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easy, but this is why i left school 
not here to work.....
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BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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Reason I'm asking is......I work for a company who provides training and these questions have been set on a course. The woman doing the course doesn't know the answers though so I've answered them but wanted someone to do them as well to check my answers against
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PaulW
Member
Registered: 26th Jan 03
Location: Atherton, Greater Manchester
User status: Offline
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1...
**gone the pub... be back later**
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BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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1. 240
2. 60,000
3. a. £78,000
b. £72,000
c. £15,000
d. ?
e. £2.75 (60,000 * £2.75 = £165,000)
4. 75p
5. Not sure
There we go, just looked very quickly but that should be about right 
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BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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nice one......thats what i got apart from in question I did per meal rather than for the year
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