What is the financial information that is listed last on a P&L prepared using the USAR?
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When expressed as a percentage of sales, a mixed expense wil…
When expressed as a percentage of sales, a mixed expense will decrease as sales increases.
What is an example of a mixed other expense in a foodservice…
What is an example of a mixed other expense in a foodservice operation?
A manager pays $5,000 per month plus 2% of total monthly sal…
A manager pays $5,000 per month plus 2% of total monthly sales to the owner of the building that houses the manager’s restaurant. How much will the manager have to pay to the building’s owner in a month in which the total sales for the restaurant are $80,000?
A manager pays a monthly mortgage on a restaurant building….
A manager pays a monthly mortgage on a restaurant building. What type of “Other expense” is the amount paid for the mortgage?
If an operation achieved $8,000 in sales for one day and a l…
If an operation achieved $8,000 in sales for one day and a labor cost of $1,760 for that same day, then the operation achieved a 22% labor cost.
An operation’s six-column food cost estimate will be most ac…
An operation’s six-column food cost estimate will be most accurate when the operation’s beginning inventory is
Pricing beverages for open-bar receptions can often be chall…
Pricing beverages for open-bar receptions can often be challenging because
Occupancy costs in a foodservice operation are a non-control…
Occupancy costs in a foodservice operation are a non-controllable expense.
Cost of food sold is the actual amount of all food expenses…
Cost of food sold is the actual amount of all food expenses incurred by an operation minus its cost of employee meals.