Question
Find the Following Parts a. Actual Food Cost % (2 marks) b. Actual Beverage Cost % (2 marks) c. Actual Combined Cost of Goods Sold
Find the Following Parts
a. Actual Food Cost % (2 marks)
b. Actual Beverage Cost % (2 marks)
c. Actual Combined Cost of Goods Sold % (2 marks)
d. Prime Cost % (4 marks)
e. Rent Cost % (1 mark)
f. Potential Savings in Dollars (2 marks)
g. Average Food Check, assume 1 main per guest. (1 mark)
h. Profit % (4 marks)
Sam 'n Ella's Diner September Sales Mix "D"
Quantity Sold Cost Price Cost % $ Cost $ Sales
Roast Chicken 227 5 15 1135 3405
Grilled Salmon 217 6 17
Hainan Chicken 233 4.5 15
Grilled Ribeye 347 7.5 14
Berkshire Pork 98 5.5 13
Lamb Rack 101 7.5 19
Total
"D"Additional Info: Salaries & Wages % of revenue Closing Inventory Opening Inventory 27% 7430 10340 Purchases 6560 Food to Bar 563 Bar to Food Staff Meals 652 963 Promotions 743
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
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