This topic contains a solution. Click here to go to the answer

Author Question: Assuming that standardized recipes are followed and ingredient costs do not increase, an increase in ... (Read 91 times)

jake

  • Hero Member
  • *****
  • Posts: 538

Question 1

An operation spent $14,500 for labor in an accounting period. The operation's labor cost percentage for that period was 25%. What was the operation's revenue for that period?
◦ $17,241
◦ $58,000
◦ $172,414
◦ $580,000

Question 2

Assuming that standardized recipes are followed and ingredient costs do not increase, an increase in revenue will
◦ reduce an operation's food cost percentage.
◦ increase an operation's food cost percentage.
◦ have no effect on an operation's food cost percentage.
◦ decrease the number of actual dollars the operation spends for food.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jake on Aug 15, 2020

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




jake

  • Member
  • Posts: 538
Reply 2 on: Aug 15, 2020
Wow, this really help


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library