Question
A restaurant has $312,500 in sales for the firstquarterof the year. Its food cost for the quarter is $98,750. What is the restaurant's food costpercentage?
A restaurant has $312,500 in sales for the firstquarterof the year. Its food cost for the quarter is $98,750. What is the restaurant's food costpercentage? If the owner allows a variance of + / - 0.5% on its standard food cost percentage of 32%, is the restaurant doing well in the first quarter or does the manager have a problem?
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Finite Geometry And Combinatorics
Authors: F De Clerck ,J Hirschfeld
1st Edition
0521448506, 978-0521448505
