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10. In Fribuey's Restaurant, actual cost for September was $49,000. Sales for September were $140,000. Standard cost percent was 5.0% lower than actual cost percent.

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10. In Fribuey's Restaurant, actual cost for September was $49,000. Sales for September were $140,000. Standard cost percent was 5.0% lower than actual cost percent. What was the standard cost percent? Given the information in this question, what are the potential savings for September? 9. Given the information appearing below, determine food cost percent to date on 9/3. Food Cost Food Sales Date today today 9/1 $100 $400 9/2 125 375 75 225 9/3 a. 25.0% b. 30.0% c. 33.3%

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