Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the Beverage Cost percentage from the following: Total beverage sales $3000, beverage cost $1700. Question 11 options: 176.47% 0.57% 56.67% Question 12 (1 point)

Calculate the Beverage Cost percentage from the following: Total beverage sales $3000, beverage cost $1700. Question 11 options: 176.47% 0.57% 56.67% Question 12 (1 point) Calculate the Labour Cost percentage from the following: Total Sales $8800, Labour Cost $2200. Question 12 options: 400% 25% 0.25% Question 13 (1 point) The term ________ cost is used to mean all costs other than prime cost. Question 13 options: Unit Overhead Controllable Question 14 (1 point) It is normal for high volume restaurants to have a higher overhead cost percentage than restaurants with lower volume of sales. Question 14 options: False True Question 15 (1 point) If the given cost % were 39.0 % and the food cost for the item were $5.75, the appropriate sales price would be _______. Question 15 options: $2.24 $0.07 $14.74

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv

9th Edition

130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309

More Books

Students also viewed these Accounting questions

Question

=+b) Identify all the factor levels.

Answered: 1 week ago