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Actual food cost for December 2021 in Red Rose Restaurant was $27,000, and standard cost estimated was $22,000. Food sales in that month were $89,000.

Actual food cost for December 2021 in Red Rose Restaurant was $27,000, and standard cost estimated was $22,000. Food sales in that month were $89,000. Given this information, it can be determined that potential savings in percentage for the period were: Select one: a. 5.62% b. 30.33% c. 24.71% d. 5.61%

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