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Author Question: What must a purchaser know in order to determine the quality of a product? a. The approved vendor ... (Read 36 times)

2125004343

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on: Aug 10, 2018
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?


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aham8f

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Reply #1 on: Aug 10, 2018
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

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Reply 2 on: Aug 10, 2018
:D TYSM

tkempin

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

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