Actual Hours Worked by the Staff at the Steakhouse Restaurant

Multiple Choice

Actual hours worked by the staff at the Steakhouse Restaurant exceeded scheduled labor hours by an average of 15 hours a week. If the average hourly wage for staff is $7 and the budgeted profit margin is 10 percent, how much additional revenue must be generated during the year to cover the unscheduled increase in labor costs?

A) $5,460
B) $8,320
C) $54,600
D) $83,200