The purpose of this assignment is to forecast labor costs using labor standards to calculate the number of labor hours needed to maximize productivity and efficiency and to create a pro-forma profit and loss statement to determine the profitability of a banquet function.
Read the “Labor Forecasting Case Study.” Review the “Introduction to Labor Forecasting,” “Banquet Labor Standard,” and “Banquet Event Order” support materials associated with the case study.
Complete each deliverable below as directed in the case study:
Food and Beverage Cost of Sales
Submit the spreadsheet and summary
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