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A restaurant has four menu entre items. The following standard cost for each item, their selling prices, and quantities sold are shown for the month

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A restaurant has four menu entre items. The following standard cost for each item, their selling prices, and quantities sold are shown for the month of August. Actual costs were $35,522 and actual sales revenue was $77,224 for the month. tem Cost Quantity Standard Sales Standard Entre e Items Sold Cost Price 1 4.00 10.00 11.00 12.50 13.70 4.40 5.25 6.85 954 $ 1,125 $ 2,148 $ 2,170 Totals Complete the table shown above. Calculate the individual item cost percentages, standard sales revenue and standard costs for August. a. b. Calculate the total standard cost percentage Answer: Calculation: Calculate the actual cost percentage Answer:_ c. Calculation: d. Comment on the results of standard costs compared to actual costs and standard sales revenue compared to actual sales revenue (round all dollar values to the nearest dollar). Comments

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