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A comment on It's not a labor shortage – it's a wage and workers rights shortage. Parent comment

Re:It's not a labor shortage – it's a wage and workers right... by jimmaswell on Sunday September 05, 2021 @02:02PM (#28426298)
McDonald's pays about 20% in labor costs, and from what I can see other restaurants also average 20-30%. Where are you getting that labor is the highest cost?
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Re:It's not a labor shortage – it's a wage and workers right... by missedthecue on Sunday September 05, 2021 @03:25PM (#28427006)
Pretty sure he means highest of all fixed costs, not variable costs (COGS).
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Re:It's not a labor shortage – it's a wage and workers right... by jimmaswell on Monday September 06, 2021 @01:36PM (#28436045)
I think anyone who's not deep in accounting would assume we're just talking about the simple sum of all expenses, not specifically fixed or variable. Like if over a month I paid $100 in rent, $100 in payroll, and $100 in new equipment, labor was 33%.
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