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 120 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
Wow, this really help

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Ranges of Food Security Ranges of Food Security
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
Cost of Going to School Cost of Going to School
Percentage distribution of outcomes of teenaged pregnancy Percentage distribution of outcomes of teenaged pregnancy
Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ... Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ...
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Supine Position

For a complete list of videos, visit our video library