Like any other commercial enterprise, a restaurant must return a profit to its owners in order to stay in business. In preparing a budget, costs are usually estimated as a percentage of revenues. The two major variable costs for restaurants are food and labor. (Sales taxes on meals, which are not a fixed cost, are passed directly to the customer as a charge on the check.) As with all businesses, variable costs change with the volume of activity. These include items such as rent, mortgage payments, licensing fees, property taxes, and insurance. Many restaurant costs are the same as those in other businesses and remain relatively fixed. Good accounting procedures ensure accurate financial records and serve as a basis for assigning costs and receipts to the appropriate parts of the business in order to realistically assess where changes should be made. This applies in particular to controlling costs and to accounting. Like any other commercial enterprise, a restaurant must employ businesslike methods to achieve business success. What is the difference between assets and liabilities? What is the difference between bookkeeping and accounting?ġ2. What are variable costs? What makes them change?ġ1. What are fixed costs? Give some examples.ģ. What are some things that can be learned by accounting?Ģ. Portion: The specific amount of each food served to the customer one-half of a grapefruit is a customary breakfast portion (порция). When the expenses are lower than the gross income, there is a profit (прибыль доход) when the expenses are higher than the gross income, there is a loss (I. Net Income: Money remaining from gross income after all expenses have been deducted (чистый доход чистая прибыль). Gross Income: The total income of a business before any expenses have been deducted (валовой доход). Variable Costs: Expenses which change with the level of sales volume in a restaurant they include the cost of food and utilities (переменные издержки переменные затраты).īudget: An estimate or financial projection of expected income and expenses for a fixed period of time (бюджет, финансовая смета). It does not store any personal data.Accounting: Recording and interpreting financial records so as to determine matters such as profit, loss, assignment of costs, and financial standing (бухгалтерский учет).įixed Costs: Expenses which do not change regardless of sales volume they include mortgage payments, rent, and property taxes (постоянные издержки постоянные затраты). The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.
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