An operation’s payroll includes its wages, salaries and benefit costs.
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What is the financial information that is listed last on a P…
What is the financial information that is listed last on a P&L prepared using the USAR?
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.