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What is the type of budget that would include the least amount of detail about an operation’s revenue and operating expenses?

Prime costs in a restaurant include its food, beverage and labor costs.

An operation’s total revenue minus its cost of sales equals the operation’s gross profit.

A manager’s restaurant uses paper napkins. What type of “Other expense” is the amount paid for the napkins?

A manager estimates that 2,000 guests will be served next week. The manager’s operation serves 2.5 guests per labor dollar expended. What will be the manager’s estimated cost of labor next week?

When an operation increases it sales, its cost of variable labor

An operation’s payroll includes its wages, salaries and benefit costs.

What is the financial information that is listed last on a P&L prepared using the USAR?

When expressed as a percentage of sales, a mixed expense will decrease as sales increases.

What is an example of a mixed other expense in a foodservice operation?