Average dollar sale is equal to total number of covers divided by total dollar sales.
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Q11: In the hotel and restaurant business, a
Q12: Sales may be expressed in terms of
Q13: Beverage cost is normally considered a fixed
Q14: If food cost is $200 for a
Q15: Prime cost is the sum of food
Q17: Fixed costs are unaffected by normal fluctuations
Q18: As business volume increases, fixed cost per
Q19: Planned or budgeted costs are usually based
Q20: Fixed costs are those that:
A) may be
Q21: Every increase or decrease in sales volume
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