Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9.If $395 is the purchase cost of beer and sales collected at Sandy's Caf are $2010, what is the beverage cost percentage? Calculate the Food

9.If $395 is the purchase cost of beer and sales collected at Sandy's Caf are $2010, what is the beverage cost percentage? Calculate the Food Cost% for each of the following items:

Item Food Cost Sale Price

10. Rib-eye steak $10.15 $18.00

11. Soda $0.22 $1.89

12.Hamburger $2.49 $7.29

13. Fish Sandwich $2.09 $8.75

14. French Fries $0.89 $2.99

Calculate the Selling Price for each of the following items:

Item Food Cost Food Cost %

15. Hotdog $0.35 25%

16.Cheeseburger $2.69 28%

17.Cherry Pie wedge $1.29 35%

18. Bacon Quiche $1.13 33%

19 Pasta Salad $0.89 29%

20.If Sandy's Caf budgeted $62,400 in annual sales, but because of the road construction they only collected $58, 900 in annual sales.What is the % of variance from the original budget?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1- 15

Authors: James A Heintz, Robert W Parry

23rd Edition

1337794767, 9781337794763

More Books

Students also viewed these Accounting questions

Question

Define the purpose of neuropsychological testing.

Answered: 1 week ago

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago