thar buse General Instructions: Cell phone calculators may not be used during the exam Calculate all percentages to two decimal places, unless specified otherwise, and show your work 30 questions of various points = 100 From the following information Number Item Selling Price $11.50 $9.95 $10.95 $11.95 Item Sold 1,400 3 Cost $4.20 $2.95 Prime Rib Chicken 1,600 700 Steak Fish $3.89 $2.57 900- 14. Opening Inventory $9,200 $ 15.000 S 998 $ 8.933 Purchases Transfers to bar Ending Inventory 1. The Standard Food Cost Percentage is: The Actual Food Cost Percentage is: 2 3 What is the Actual COGS What is the Actual COGS Average Check is 4 5. What is the sales mix/product mix/popularity index/menu mix for the Chicken? What is the sales mix/product mix/popularity index/menu mix for the Steak? 6. 7 What is the potential Savings? What are possible reason for this variance in food cost % 2 8 What is NOT a possible reason for this variance in food cost? 9 thar buse General Instructions: Cell phone calculators may not be used during the exam Calculate all percentages to two decimal places, unless specified otherwise, and show your work 30 questions of various points = 100 From the following information Number Item Selling Price $11.50 $9.95 $10.95 $11.95 Item Sold 1,400 3 Cost $4.20 $2.95 Prime Rib Chicken 1,600 700 Steak Fish $3.89 $2.57 900- 14. Opening Inventory $9,200 $ 15.000 S 998 $ 8.933 Purchases Transfers to bar Ending Inventory 1. The Standard Food Cost Percentage is: The Actual Food Cost Percentage is: 2 3 What is the Actual COGS What is the Actual COGS Average Check is 4 5. What is the sales mix/product mix/popularity index/menu mix for the Chicken? What is the sales mix/product mix/popularity index/menu mix for the Steak? 6. 7 What is the potential Savings? What are possible reason for this variance in food cost % 2 8 What is NOT a possible reason for this variance in food cost? 9