Answers to the "Now You Try" Problem
Average sale per guest: Total sales ÷ number of guests = $1,803,063 ÷ 139,211 = $12.96
Average check: Total sales divided by total number of checks = $1,803,063 ÷ 63,821 = $28.25
Average number of guests per check: Total covers ÷ Number of guest checks = 139,211 ÷ 63,821 = 2.18
Food Cost Percentage: Cost of food divided by total food sales = $459,092 ÷ $1,350,268 = 34%
Beverage Cost Percentage: Cost of beverages divided by total beverage sales = $104,143 ÷ 452795 = 23%