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Author Question: A restaurant experienced a labor cost variance of -15%. A manager looking at this should consider (Read 193 times)

james0929

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Question 1

A restaurant budgeted for sales of $100,000 and total costs of 89%. How much profit would this restaurant earn?
◦ $9,000
◦ $11,000
◦ $10,000
◦ $10,500

Question 2

A restaurant experienced a labor cost variance of -15%. A manager looking at this should consider
◦ whether service and quality levels were maintained.
◦ lowering menu prices.
◦ cross training employees in order to gain operational efficiencies.
◦ reducing staff.


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Marked as best answer by james0929 on Aug 20, 2020

bassamabas

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james0929

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Reply 2 on: Aug 20, 2020
Excellent


olderstudent

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

 

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