use the chart below to answer the questions above.
Problem 10 Refer to the owne Chapter 12 w found 2 Donec Example: 30 had bent 505 Calculate the standard food cat pentage For The Tetica Calculate the standard 100 ding Calculate the mud food cat per fer el Problem 10(9 points) The Terica Caf uses a standard cost approach to aid in controlling its food costs. Listed below are the sales price, standard food cost, and quantity sold for its five sandwiches for the week ended August 28. Item Selling Price Quantity Sold Pork Barrel Chicken Breast Burger Delight Ocean Catch Egg Salad 50 100 Standard Food Cost 1.60 1.40 0.95 1.70 0.45 4.95 4.45 3.95 4.95 2.95 150 80 40 The actual sales for the week equaled $1,799.00 while the total actual food costs equaled $547.00. Problem 10(9 points) The Terica Caf uses a standard cost approach to aid in controlling its food costs. Listed below are the sales price, standard food cost, and quantity sold for its five sandwiches for the week ended August 28. Item Selling Price Quantity Sold Pork Barrel Chicken Breast Burger Delight Ocean Catch Egg Salad 50 100 Standard Food Cost 1.60 1.40 0.95 1.70 0.45 4.95 4.45 3.95 4.95 2.95 150 80 40 The actual sales for the week equaled $1,799.00 while the total actual food costs equaled $547.00. Problem 10 (9 points) Refer to the Homework Hints in the Chapter 12 HW assignment. Round each answer to 2 decimal places. Do not use percent signs. Example: 50.648% should be entered as 50.65 Calculate the standard food cost percentage for The Terica Caf. Calculate the standard food cost percentage assuming 100 of each item is sold during a week Calculate the actual food cost percentage for the week. Problem 10 Refer to the owne Chapter 12 w found 2 Donec Example: 30 had bent 505 Calculate the standard food cat pentage For The Tetica Calculate the standard 100 ding Calculate the mud food cat per fer el Problem 10(9 points) The Terica Caf uses a standard cost approach to aid in controlling its food costs. Listed below are the sales price, standard food cost, and quantity sold for its five sandwiches for the week ended August 28. Item Selling Price Quantity Sold Pork Barrel Chicken Breast Burger Delight Ocean Catch Egg Salad 50 100 Standard Food Cost 1.60 1.40 0.95 1.70 0.45 4.95 4.45 3.95 4.95 2.95 150 80 40 The actual sales for the week equaled $1,799.00 while the total actual food costs equaled $547.00. Problem 10(9 points) The Terica Caf uses a standard cost approach to aid in controlling its food costs. Listed below are the sales price, standard food cost, and quantity sold for its five sandwiches for the week ended August 28. Item Selling Price Quantity Sold Pork Barrel Chicken Breast Burger Delight Ocean Catch Egg Salad 50 100 Standard Food Cost 1.60 1.40 0.95 1.70 0.45 4.95 4.45 3.95 4.95 2.95 150 80 40 The actual sales for the week equaled $1,799.00 while the total actual food costs equaled $547.00. Problem 10 (9 points) Refer to the Homework Hints in the Chapter 12 HW assignment. Round each answer to 2 decimal places. Do not use percent signs. Example: 50.648% should be entered as 50.65 Calculate the standard food cost percentage for The Terica Caf. Calculate the standard food cost percentage assuming 100 of each item is sold during a week Calculate the actual food cost percentage for the week
