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8. Given the following information, determine Daily Food Cost: directs $200; stores issued $600; transfers from bar to kitchen $50. Show the calculation. 9. Do
8. Given the following information, determine Daily Food Cost: directs $200; stores issued $600; transfers from bar to kitchen $50. Show the calculation. 9. Do operating inefficiencies affect both, actual costs and standard costs or just actual costs? Explain your answer in one or a couple of sentences. 10. What is the difference between actual and standard cost called? What does this difference indicate? Explain your answer in one or a couple of sentences
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