Question
A food operation's accounting has completed the following: Food cost for May = $4000 Food sales for May = $15000 Standard or expected food
A food operation's accounting has completed the following: Food cost for May = $4000 Food sales for May = $15000 Standard or expected food cost = $3800 Standard or expected food sales = $16000 What is the percentage difference between the standard and actual food costs, and which one is lower?
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Modern Advanced Accounting in Canada
Authors: Hilton Murray, Herauf Darrell
8th edition
1259087557, 1057317623, 978-1259087554
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