You see the Daily Food Cost report that Maggie Smith who operates a restaurant in Coquitlam needs to study.Is the to-date trend favorable? Explain your answer in a few efficient sentences. (Hint: think about the sales and cost increase or decrease, and cost percentages increase or decrease trend?)

Daily Food Cost Report

Date 6-August, 2023

TodaySame Day Last WeekTo Date This WeekTo Date Last WeekFood sales$2,986.95$2,678.50$13,179.25$14,376.50Food cost$1,337.75$ 950.40$ 5,455.50$ 4,901.35Cost %44.786%35.488%41.395%34.093%