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

Author Question: What must a purchaser know in order to determine the quality of a product? a. The approved vendor ... (Read 100 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
What must a purchaser know in order to determine the quality of a product?
 
  a. The approved vendor
  b. Its purchase cost
  c. Its intended use
  d. The storage life

Question 2

Explain the process to identify food cost percentage problems.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

Managers can identify concerns directly related to food cost percentages. There are three factors that should be examined and compared: standard food cost percentage for the operation, composite (potential) food cost percentage based on the menu product mix, and actual food cost percentage calculated from the income statement. If they do not match, this indicates problems that need to be investigated. The manner in which these factors do not match will give managers insight into where the problem lies, and whether it is related to the menu or to the actual activities within the operation.




2125004343

  • Member
  • Posts: 566
Reply 2 on: Aug 10, 2018
Wow, this really help


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library