Calculating Costs (With Answers) Page 18

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Completed WORKSHEET F
Completed WORKSHEET F
Convert Annual Expenses to Average Daily Costs
A
B
C
Number of
Average Daily
Expenses
Actual Cost
Serving Days
Costs
1. Food
175,000
180
972
a
2. Paper Supplies
9,000
180
50
b
3. Labor
165,000
180
917
c
4. Other Labor
3,500
180
19
d
5. Equipment
8,000
180
44
e
6. Overhead
40,000
180
222
f
7. Miscellaneous
4,000
180
22
a
Paper includes paper products used in food sales
b
Labor includes permanent full-time, part-time and substitute wages and benefits,
such as FICA, health insurance and Worker's Comp
c
Other Labor includes temporary wages
d
Equipment includes large and small equipment
e
Overhead includes utilities, office expenses and sanitation service
f
Miscellaneous includes all other expenses not previously listed
Calculate Break-Even Point
You will now use all of the data collected thus far to calculate the break-even point for
your Child Nutrition Program. The break-even point worksheet will allow you to
calculate the actual revenue in dollars needed for your program to pay for itself.
Calculating Costs - 18

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