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 93 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
YES! Correct, THANKS for helping me on my review


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library