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Author Question: Assuming that standardized recipes are followed and ingredient costs do not increase, an increase in ... (Read 161 times)

jake

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on: Aug 15, 2020

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.
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Marked as best answer by jake on Aug 15, 2020

orangecrush

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Reply #1 on: Aug 15, 2020
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.
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jake

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Reply 2 on: Aug 15, 2020
Great answer, keep it coming :)

jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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