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Actual food costs in November 2021 were $18,110.25 and the food sales were $50,028.50. If standard costs estimated for November should have been $16,749.75, what
Actual food costs in November 2021 were $18,110.25 and the food sales were $50,028.50. If standard costs estimated for November should have been $16,749.75, what are the potential savings in dollars and as a percentage from sales? Show the full calculation.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
