Answered step by step
Verified Expert Solution
Question
1 Approved Answer
determine actual cost percent, standard cost percent, and potential savings Exercise 10.1 Comparison: Sales Forecast and Actural Sales Date 6-Oct Day Eriday Sales Forecast Actual
determine actual cost percent, standard cost percent, and potential savings
Exercise 10.1 Comparison: Sales Forecast and Actural Sales Date 6-Oct Day Eriday Sales Forecast Actual Sales Menu Item Difference -2 Black Bean Soup Clam Chowder Shrimp Cocktail Oysters Rockefeller Prosciutto and Fig Bruschetta Jewels of the Sea New York Strip Steak Prime Rib of Beef Baby Back Pork Ribs Roast Leg of Lamb Loin of Pork a Maison Meatless Manicotti Chicken Breasts au Soy Tea-Smoked Salmon Baked Stuff Shrimp Chicken Albufera Fruits De Mer Catch of the Day Deep Dish Apple Pie Banna Beignets Apple-Blackberry Cobler Totals Total Covers 22 27 25 11 8 9 15 23 12 14 13 6 12 15 16 9 12 15 16 18 22 20 25 22 10 8 8 17 20 12 10 11 8 15 16 14 10 11 16 15 20 22 sty @ MacBook Air Exercise 10.2 Menu Pre Cost and Abstract Day Friday Dato FORECAST SALES AND FORECAST PERCENT 6-Oct ACTUAL SALES AND STANDARD COST PERCENTAGE Menu Item Number Forecasted Number Sold Total Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Sales $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Black Bean Soup Clam Chowder Shrimp Cocktail Oysters Rockefeller Prosciutto and Fig Bruschetta Jewels of the Sea New York Strip Steak Prime Rib of Beef Baby Back Pork Ribs Roast Leg of Lamb Loin of Pork a Maison Meatless Manicotti Chicken Breasts au Soy Tea-Smoked Salmon Baked Stuff Shrimp Chicken Albufera Fruits De Mer Catch of the Day Deep Dish Apple Pie Banna Beignets Apple-Blackberry Cobler Totals Total Covers Sales Price Food Cost Cost Percentage $1.10 $4.30 25.58% $1.65 $5.50 30.00% $1.95 $6.95 28.06% $2.10 $6.95 30.22% $1.30 $5.45 23.85% $1.85 $6.95 26.62% $7.75 $21.50 36.05% $7.95 $19.50 $5.70 $15.45 $6.20 $17.45 $5.50 $17.45 $3.40 $10.45 $4.20 $12.45 $6.35 $17.45 $7.35 $19.50 $4.50 $14.45 $6.80 $19.45 $4.75 $14.50 $0.90 $3.50 $0.95 $4.00 $0.90 $3.50 A Cost $1.10 $1.65 $1.95 $2.10 $1.30 $1.85 $7.75 $7.95 $5.70 $6.20 $5.50 $3.40 $4.20 $6.35 $7.35 $4.50 $6.80 $4.75 $0.90 $0.95 $0.90 Sales Food Cost Price Percentage $4.30 25.58% $5.50 30.00% $6.95 28.06% $6.95 30.22% $5.45 23.85% $6.95 26.62% $21.50 36.05% $19.50 $15.45 $17.45 $17.45 $10.45 $12.45 $17.45 $19.50 $14.45 $19.45 $14.50 $3.50 $4.00 $3.50 $0.00 $0.00 $0.00 Exercise 10.1 Comparison: Sales Forecast and Actural Sales Date 6-Oct Day Eriday Sales Forecast Actual Sales Menu Item Difference -2 Black Bean Soup Clam Chowder Shrimp Cocktail Oysters Rockefeller Prosciutto and Fig Bruschetta Jewels of the Sea New York Strip Steak Prime Rib of Beef Baby Back Pork Ribs Roast Leg of Lamb Loin of Pork a Maison Meatless Manicotti Chicken Breasts au Soy Tea-Smoked Salmon Baked Stuff Shrimp Chicken Albufera Fruits De Mer Catch of the Day Deep Dish Apple Pie Banna Beignets Apple-Blackberry Cobler Totals Total Covers 22 27 25 11 8 9 15 23 12 14 13 6 12 15 16 9 12 15 16 18 22 20 25 22 10 8 8 17 20 12 10 11 8 15 16 14 10 11 16 15 20 22 sty @ MacBook Air Exercise 10.2 Menu Pre Cost and Abstract Day Friday Dato FORECAST SALES AND FORECAST PERCENT 6-Oct ACTUAL SALES AND STANDARD COST PERCENTAGE Menu Item Number Forecasted Number Sold Total Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Sales $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Black Bean Soup Clam Chowder Shrimp Cocktail Oysters Rockefeller Prosciutto and Fig Bruschetta Jewels of the Sea New York Strip Steak Prime Rib of Beef Baby Back Pork Ribs Roast Leg of Lamb Loin of Pork a Maison Meatless Manicotti Chicken Breasts au Soy Tea-Smoked Salmon Baked Stuff Shrimp Chicken Albufera Fruits De Mer Catch of the Day Deep Dish Apple Pie Banna Beignets Apple-Blackberry Cobler Totals Total Covers Sales Price Food Cost Cost Percentage $1.10 $4.30 25.58% $1.65 $5.50 30.00% $1.95 $6.95 28.06% $2.10 $6.95 30.22% $1.30 $5.45 23.85% $1.85 $6.95 26.62% $7.75 $21.50 36.05% $7.95 $19.50 $5.70 $15.45 $6.20 $17.45 $5.50 $17.45 $3.40 $10.45 $4.20 $12.45 $6.35 $17.45 $7.35 $19.50 $4.50 $14.45 $6.80 $19.45 $4.75 $14.50 $0.90 $3.50 $0.95 $4.00 $0.90 $3.50 A Cost $1.10 $1.65 $1.95 $2.10 $1.30 $1.85 $7.75 $7.95 $5.70 $6.20 $5.50 $3.40 $4.20 $6.35 $7.35 $4.50 $6.80 $4.75 $0.90 $0.95 $0.90 Sales Food Cost Price Percentage $4.30 25.58% $5.50 30.00% $6.95 28.06% $6.95 30.22% $5.45 23.85% $6.95 26.62% $21.50 36.05% $19.50 $15.45 $17.45 $17.45 $10.45 $12.45 $17.45 $19.50 $14.45 $19.45 $14.50 $3.50 $4.00 $3.50 $0.00 $0.00 $0.00 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