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Author Question: What is the formula for food cost percentage? a. Cost of Food Sold divided by Total Food Sales ... (Read 92 times)

pane00

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on: Aug 10, 2018
What is the formula for food cost percentage?
 
  a. Cost of Food Sold divided by Total Food Sales
  b. Cost of Food & Beverage divided by Total Food Sales
  c. Cost of Food Sold divided by Total Sales
  d. Cost of Food & Beverage Sold divided by Total Food & Beverage Sales
  e. None of the above

Question 2

Which of the following is NOT used in the categorization of expenses for a standalone restaurant?
 
  a. Cost of Goods Sold (COGS)
  b. Gross Profit
  c. Controllable Expenses
  d. Occupancy Expenses
  e. Revenue


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diesoon

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Reply #1 on: Aug 10, 2018
Answer to Question 1

A

Answer to Question 2

B


pane00

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Reply 2 on: Aug 10, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
Excellent

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