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Question 1 A. With the state of Illinois entering phase 4, restaurants need to adjust their operating budget. Illy Bistro projected it would serve 10,000
Question 1 A. With the state of Illinois entering phase 4, restaurants need to adjust their operating budget. Illy Bistro projected it would serve 10,000 guests at an average sale per guest of $11 in Quarter 1, 2021. In that quarter, the operation actually served 11,000 guests and achieved revenue of $100,000. What was the operation's variance in revenue for Q12 B. A manager originally budgeted $85,500 in sales with a 38% food cost target. The revenue budgeted is revised upward to $100,000. What would be the amount projected for food cost in the new budget
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