Reference no: EM133122399

Question - Prepare a food department income statement in proper format for Midlands Restaurant using the following information for the first quarter ended on March 31, 2007 (other income received from leasing excess equipment for one month is not a part of normal operations):

Sales Revenue:

Grill room $183,200

Coffee garden 82,900

Banquets 294,400

Net food costs 224,200

Salaries and wages expense 176,400

Employee meals expense 18,200

Supplies expense 10,300

Glass and tableware expense 4,300

Laundry and linen expense 13,500

License expense 2,400

Printing expense 4,900

Miscellaneous expense 8,200

Other income 800

1. Food Department

2. Income Statement

3. For the first Quarter ended March 31, 2007