Calculating Costs (With Answers) Page 3
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28Breakfast Profit/Loss Worksheet
School:
Saleem Hue Penny Elementary School
st
Date:
May 1
, 2003
Number of Meals:
115
.
Expenses
Actual Total Food Cost
$
___________75.90__________
Total Labor Cost
$
___________27.00__________
Total Supplies Cost
$ ____________4.60__________
Total Other Cost
$
____________0.00__________
1) Total Meal Expense
$ __________107.50__________
Revenue
Paid Children
____25____
@
$ __.85___
=
$ ____21.25 ______
Reduced Price ____10____
@
$ __.30___
=
$ _____3.00
_____
Adult Meals
_____5_____ @
$ _1.15__
=
$ _____5.75
_____
Other food
__________
@
$ _______
=
$ _____0.00
_____
2) Total Revenue
$ ____________30.00_______
Reimbursement*
Paid Children
____25____
@
$ __.22__
=
$ ______5.50______
Reduced Price ____10____
@
$ __.87__
=
$ ______8.70______
Free
____75____
@
$ _1.17__
=
$ _____87.75______
3) Total Reimbursement
$ __________101.95_______
Total Revenue (line 2+ line 3)
$ _______131.95__________
Less Total Expenses (line 1)
$ _______107.50__________
Profit (+) or Loss (-)
$ _______+24.45__________
Based on non-severe 2003 rates.
Calculating Costs - 3
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