This topic contains a solution. Click here to go to the answer

Author Question: Assuming that standardized recipes are followed and ingredient costs do not increase, an increase in ... (Read 119 times)

jake

  • Hero Member
  • *****
  • Posts: 538

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jake on Aug 15, 2020

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
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.
Answer Preview
Only 25% of students answer this correctly




jake

  • Member
  • Posts: 538
Reply 2 on: Aug 15, 2020
YES! Correct, THANKS for helping me on my review


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library