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Food sales are $82,300 and Beverage Sales are $29,200. If food cost % is 35% and Beverage cost % is 24%, Calculate Gross Profit.
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- Food sales are $82,300 and Beverage Sales are $29,200. If food cost % is 35% and Beverage cost % is 24%, Calculate Gross Profit.
- Given: Total Sales of $1,500,000.Gross Profit 40% of Sales. Payroll costs of $257,000, and Expenses are 34% of Total Sales. Calculate Net Profit in dollars.
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- A hotel offers a 44% discount on all single occupancy rooms. Determine the original price of a room, if the discounted rooms sell for $81.44.
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- Determine the statistical yield for a 120 room hotel that sells 78 rooms at $98 per night, if the rack rate is $120.
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- If a 180 room hotel has a yield factor of 0.6, and on average sells 108 rooms at $76 per night, what is the rack rate?
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- (4 marks) A chef needs to prepare 315oz. of cooked broccoli. This vegetable loses 19% of its weight when cooked. How many pounds of raw broccoli must be purchased?
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- (3 marks) A 38.5lb piece of beef lost 12% of its weight in the process of cooking. Calculate the edible portion quantity for this piece of beef.
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- (4 marks) A restaurant paid $179.45 for 16.5 kg of fish. The price factor was 1.22 Calculate the edible portion cost per kg.
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- (3 marks) A restaurant sells a hamburger with fries for $12.95. Assuming a food cost% of 38%, what is the food cost in dollars?
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- (3 marks) Determine the % markup of a salad, if the menu price is $14.50 and the cost of ingredients is $3.75
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- (2 marks) Given: Beverage Sales of $406,000, and Beverage Sales are 40% of Total Sales. Calculate the Food Sales in dollars.
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Part B: Long Answer (13 Marks)
Answer all questions in exam booklet provided or on the exam paper.
- (7 Marks) Complete the following chart and comment on which menu items, if any, should be adjusted or removed.
Menu Item | Number Sold | Menu Mix% | Menu Price($) | Food Cost ($) | Item CM ($) | Gross Margin | CM Category | MM% Category | Class |
Pasta | 450 | 12.00 | 3.88 | ||||||
Steak | 525 | 25.50 | 13.78 | ||||||
Salmon | 475 | 18.95 | 8.50 | ||||||
Chicken | 400 | 14.75 | 6.58 | ||||||
Caesar | 550 | 9.00 | 1.86 | ||||||
Total | |||||||||
Avg Menu Mix%= | Avg CM= |
- (6 marks) A restaurant purchased 19 kg of pork loin roast at $10.60 per kg. 175 g portions of cooked meat were served. The meat has a waste factor of 22%. Calculate the following:
- How many portions of cooked meat were served? (1 Mark)
- The cost of the edible portion quantity per kg. (1 Mark)
- The cost of a portion. (2 Marks)
- The menu price of a portion, assuming a %food cost of 29%. (2 Marks)
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