Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 10, 2024

can you please type the answer Actual food costs in November 2020 were $18,110.25 and the food sales were $50,028.50. Il standard costs estimated for

can you please type the answer

Actual food costs in November 2020 were $18,110.25 and the food sales were $50,028.50. Il standard costs estimated for November should have been $16,749.75, what are the potential savings as a percentage from sales? 7 A- B 1 IE E

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Fair Value Measurement Practical Guidance And Implementation

Authors: Mark L. Zyla

3rd Edition

1119191238, 9781119191230

More Books

Students also viewed these Accounting questions

Question

★★★★★

Dynamic Company, a telecommunications equipment company, has used the LIFO method adjusted for lower of cost or market for a number of years. Due to falling prices of its equipment, it has had to...

Answered: 1 week ago

Question

★★★★★

The first day of work for Prevosti Farms and Sugarhouse for all employees is February 1, 2022. February 4 is the end of the first pay period and includes work completed during the week of February...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Many firms employ salespeople who are assigned exclusive territories. No salesperson may enter another's territory and attempt to sell the manufacturer's product there. Construct a theory to explain...

Answered: 1 week ago

Question

★★★★★

EXERCISE 8-6 Selling and Administrative Expense Budget LO8-7 Weller Company's budgeted unit sales for the upcoming fiscal year are provided below 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter...

Answered: 1 week ago

Question

★★★★★

Both bond A and bond B have 6.8 percent coupons and are priced at par value. Bond A has 9 years to maturity, while bond B has 15 years to maturity. Assume if interest rates suddenly rise by 1.2...

Answered: 1 week ago

Question

★★★★★

Shamar invoices a company for $6,000. When he looks at the Customer Balance Summary, he sees an amount of $13,000 that includes unpaid invoices. How can he find detail on the open invoices? Select an...

Answered: 1 week ago

Question

★★★★★

The Street Division of Labrosse Logistics just started operations. It purchased depreciable assets costing $36 million and having a four-year expected life, after which the assets can be salvaged for...

Answered: 1 week ago

Question

★★★★★

Suppose you are the operations manager at an airline company. The company guarantees its customers that its flights are delayed by at most three minutes on average, as opposed to much higher figures...

Answered: 1 week ago

Question

★★★★★

CASE 9-29 Master Budget for a Manufacturer [LO3, LO4] Garneau Manufacturing Ltd. produces and distributes a special type of chemical compound called Compound WX. The information below about Garneau's...

Answered: 1 week ago

Question

★★★★★

The master budget at Monroe Manufacturing last period called for sales of 43,500 units at $57 each. The costs were estimated to be $41 variable per unit and $539,000 fixed. During the period, actual...

Answered: 1 week ago

Question

★★★★★

Based on your experience or observation, list ways in which people in organizations waste time. How can these time-wasting activities be cut back or eliminated?

Answered: 1 week ago

Question

★★★★★

It takes time to follow a time management system. Is the time taken worth the benefits? Will you use a time management system? Why or why not?

Answered: 1 week ago

Question

★★★★★

Which areas of HRM should be involved in responding to the employee survey and/or implementing the MCOD process? In what ways should they be involved?

Answered: 1 week ago

Previous Question Next Question