QUESTION 19

A business has a montly variable cost of $28,900, a fixed cost of $22,400, and a profit of $800. Calculate the total sales dollars, variable rate, and contribution rate.

	A.	Total Sales = $52,100 Variable Rate = .555 Contribution Rate= .445
	B.	Total Sales = $72,100 Variable Rate = .555 Contribution Rate= .445
	C.	Total Sales = $52,100 Variable Rate = .655 Contribution Rate= .555
	D.	Total Sales = $62,100 Variable Rate = .445 Contribution Rate= .555

2.5 points

QUESTION 20

An employee works 38 hours every week and earns $9.75/hour. If the companys benefits percent for this employee is 14.5%, what is the weekly labor cost (including benefits) for this employee?

	A.	$424.22
	B.	$9.75
	C.	$323.89
	D.	$434.32

2.5 points

QUESTION 21

In one month, a restaurant saw 6,823 guests and brought in $252,945 in sales. What was this restaurants average check for the month?

	A.	$38.70
	B.	$37.80
	C.	$35.98
	D.	$37.07

2.5 points

QUESTION 22

The cost of goods sold at a restaurant is $5,620 for a week. The labor cost at the restaurant is $4,911 for the same week. What is the prime cost for the restaurant this week?

	A.	$9,531
	B.	$10,531
	C.	$10,351
	D.	$10,135

2.5 points

QUESTION 23

Using a rolling average approach, what would the forecast for a Tuesday guest count be if the past 4 Tuesdays have had 107, 89, 121, and 97 guest?

	A.	110
	B.	104
	C.	102
	D.	101

2.5 points

QUESTION 24

List 3 qualitative factors that a manager may use to adjust a preliminary forecast guest count?

	A.	Labor cost, food cost, variable cost
	B.	Weather, special events or conventions in the area
	C.	holidays, local construction projects, local business competition changes, and marketing promotions by the business or by its competitor s.
	D.	Fixed cost, Beverage cost, scheduled employees

2.5 points

QUESTION 25

A business generates a total of $853,000 in sales with a total cost of goods of $233,405. What percent of sales is the total cost of goods?

	A.	21.2%
	B.	20.5%
	C.	29.8%
	D.	27.4%

2.5 points

QUESTION 26

A restaurant generates $189,030 in revenue for a given period of time. During that time, it serves 5,983 customers. What is the guest check average for this restaurant during that time period?

	A.	$31.59
	B.	$33.89
	C.	$23.89
	D.	$39.69

2.5 points

QUESTION 27

A restaurant has a variable rate of 0.584. In one month its variable costs are $72,487. What should sales be for that month?

	A.	$122,124.69
	B.	$124,121.58
	C.	$121,124.56
	D.	$25,000

2.5 points

QUESTION 28

A restaurant sells 371 entres on a given night. 48 of those entres are the seared grouper. What is the menu mix percent for the grouper entre that night? You must show your calculations to receive credit for your answer.

	A.	11.8%
	B.	12.9%
	C.	9.2%
	D.	19.2%

2.5 points

QUESTION 29

A worker earns $12.25/hour and is scheduled to work a 38-hour week. What is the preliminary standard labor cost for this worker? If the benefits percentage for the company is 18.2%, what is the standard labor cost including benefits for this worker?

	A.	Preliminary- $455.90; Standard with benefits $560.22
	B.	Preliminary- $435.50; Standard with benefits $525.22
	C.	Preliminary- $465.50; Standard with benefits $550.22
	D.	Preliminary- $495.50; Standard with benefits $555.75