Hoof and Fin Restaurant

Case: David Green is considering his operating report for the most recent year. David is a restaurant manager for one of twenty restaurants owned and operated by Hoof and Fin, Inc. The first Hoof and Fin Restaurant was opened in Austin, Texas, almost forty years ago, but has since grown to a twenty-location chain throughout the major cities in Texas. The owner, Roger Nisbett, owns most of the stock in the company, which went public …

…in a favorable labor variance of $612.5. Efficiency of my operation is also evidenced through the favorable variance in operating expenses from the budgeted amount. In conclusion, I feel that my strategy to attract and keep new customers will pay off in the future and that the temporary lower profits are absolutely necessary for future success. With your support, the Waco Hook & Fin will set a standard for all other stores. Sincerely, David Green