The Beacon Drive Inn had food sales of $45,000,an opening inventory of $8,000,purchases of $13,000 and an ending inventory of $9,000.What was the food cost percentage?
A) 27.6%
B) 26.3%
C) 27.3%
D) 26.7%
Correct Answer:
Verified
Q24: The contribution margin is the
A)cost of a
Q25: Prime cost is
A)labor and overhead costs
B)food and
Q26: Food cost percentage is defined as
A)Food sales
Q27: The cost of a lease should be_to_
A)5,8
B)7,14
C)2,6
D)10,18
Q28: If total food sales are $50,000 and
Q30: Which of the following is NOT a
Q31: Which of the following costs is typically
Q32: Placing the most recent purchases ,in rotation,behind
Q33: A par stock
A)is the reorder procedure
B)is the
Q34: Average beverage cost percentage runs
A)18 -24%
B)16 -18%
C)24
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