Prime/Controllable Costs
What is a controllable cost?
Costs that can be controlled at the unit level in the short term but are necessary
Tool used in planning scheduling hours for the week?
LST
What's the difference between a Restaurant/Theater Sale and Lounge Sale?
One is what is sold in Theaters and the other is what is sold in The Pub.
Biggest cost in Contract Cleaning?
Janitorial
What does NOI stand for?
Net Operating Income
What is your largest operating expense?
Wages/Labor
How is APH and SPLH calculated?
Admits/Hours
Sales/Hours
The largest revenue generating level line in Beverage Sales?
Flix Beer
Why do we have Preventative Maintenance in place in our kitchens?
To prevent larger repairs and costs associated with equipment.
Difference between Void and Comp?
Void is something that has not be produced
Comp is something that has been produced
What are items that affect smallware costs?
Theft
Breakage
Neglect (Thrown in Trash)
Misuse
What is your largest hourly labor line cost?
Cooks
What type of ticket is generates the most revenue?
Adult Evening
What tool can you use to see expenditures on your P&L?
G&L
What % of total sales come from Food and Beverage?
65%
What tool should be in place to ensure you are within budget on your controllable costs?
Declining Budget
What are the BIG 6 labor line job codes?
Cook/Prep
Dish
Server
Runner
Box
Bar
What 4 categories make up our Total Sales?
Theater / Food / Beverage / Other
Which of the 4 sales category brings in the most revenue for Flix?
Food
What is a line 60 item and why are they pulled from NOI?
Fixed Corporate costs that Operations has no control over. Allows us to compare apple to apples.
What two categories consist of your prime costs?
Cost of Goods / Labor
What is Labor Allocation?
Credit on Wages
What percentage of Room Rental Sales goes to the bottom line?
100%
What are the first two numbers on P&L lines items used for?
Item Classification for Accounting
What level of revenue per screen annually does a Flix need to achieve as a baseline?
$1 million per screen