Author Question: Define food costs and explain how managers track and analyze food costs. What will be an ideal ... (Read 104 times)

dakota nelson · **on:** Aug 10, 2018

Define food costs and explain how managers track and analyze food costs.

What will be an ideal response?

Question 2

The best definition for nutrition is the study of

a. how the human genome works.
b. the various functions of the body.
c. vitamin and mineral supplements.
d. nutrients and how they affect health.

lkoler · **Reply #1 on:** Aug 10, 2018

Answer to Question 1

Food cost is the actual dollar value of the food used by an operation during a certain period. It includes the expenses incurred when food is consumed for any reason. Food cost includes the cost of food sold, given away, wasted, or even stolen. Controlling food cost requires analyzing an operation's income statement to highlight any spending issues and compare current results with previous periods and the budget. Food cost is normally considered to be in good shape if the current percentage-to-sales ratio is consistent or in line with past periods.

Answer to Question 2

D