This is the total amount you spent in a payroll cycle on labor and is your labor cost. For example, if a restaurant has payroll expenses of $4,000, plus $306 in FICA taxes, $600 for unemployment coverage and $444 in worker's compensation, its total labor cost is $5,350 for the period.Step 10. Measure your labor costs as a percentage of sales to ensure youâre not overstaffed.ivide the weekly payroll figure by your total weekly sales. If your restaurant brought in $28,157 and you spent $5,350 on labor, your labor cost percentage would be about 19 percent, or $5,350 divided by $28,157.
Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof in return for a payment of $1,000 -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view (in return for money or something else).
An Act is a statute, Law, or a decision by a legislative or judicial body such as an Act of Congress. A Bill is a legislative proposal offered for debate before its enactment. â¦ A statute in draft before it becomes the law.