This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the formula for food cost percentage? a. Cost of Food Sold divided by Total Food Sales ... (Read 205 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Aug 10, 2018
Answer to Question 1

A

Answer to Question 2

B


pane00

  • Member
  • Posts: 579
Reply 2 on: Aug 10, 2018
Great answer, keep it coming :)

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
A Total Eclipse of the Sun A Total Eclipse of the Sun
Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Spectrum of Food Security Food insecurity and hunger are points along the continuum Spectrum of Food Security Food insecurity and hunger are points along the continuum
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Divided View Divided View
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library