nice one......thats what i got apart from in question I did per meal rather than for the year

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 :)

:lol:

1...

**gone the pub... be back later**

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

easy, but this is why i left school :lol:

not here to work.....:P

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.