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A hospital foodservice manager is reviewing November financial performance.Purchases in November: $10,500October 31 Inventory: $1,950November 30 Inventory: $2,250Monthly food cost used: $10,500Average food inventory: $2,500Total food sales (income): $25,000Cost of food: $10,200Calculate the food cost percentage. Show your work.

A banquet is being planned for 100 people. It is your job to expand a recipe for White Bean and Sausage Rigatoni from the original yield of 5 servings up to 100 servings. The original recipe calls for 1 15-ounce can ( 2 cups) of cannellini beans. How many number 10 cans of beans are needed for the expanded recipe? (1 number 10 can contains approximately 12 cups of beans). Show answer.

A foodservice facility employs ten 40-hour employees, and fifteen 20-hour employees per week. Additionally, the facility hires three temporary workers who each work 10 hours per week. How many FTEs (full-time equivalents) does the facility have?

Match the labor laws with their descriptions.

Which ratio category measures a company’s ability to meet current obligations?

A foodservice operation invests $50,000\$50,000 in new equipment that is expected to save $10,000\$10,000 annually in operating costs. What is the payback period for this investment? Use the straight-line method.

Senior management has requested the food service department to “get control of costs.”Sales to date: $32,500Inventory on hand: $17,500Monthly building insurance: $2,090Temporary staffing expense for December: $630.50Meals sold in November: 3,205Meals sold in December: 2,905Labor cost per meal: $2.09Annual cost of of table covering and napkin laundering: $876.97 (this is annual cost – monthly is 1/12)Question: What are the fixed costs for December?

Determine how many labor hours are needed in this food service department per day for this scenario: The facility is a combined acute and long-term care facility with an employee cafeteria. SHOW YOUR WORKThe nursing home is 100-beds, typically running at full-capacity. They serve three meals per day, and each resident is offered one snack per day. Five snacks are counted as equal to one meal.The 50-bed hospital averages about 80% capacity. Patients are also offered three meals per day plus nutritional supplemental feedings if needed. About 40 nutritional supplements are sent out per day; three supplements are counted as equal to one mealAbout 50 employee meals will be served daily in the cafeteriaIndustry standards for meals per labor hour include: Cafeteria (5.5); Acute Care (3.5); Nursing Home (5.0)

The fundamental accounting equation is: assets equal liabilities plus what?

In RAID-5, a small random write requires 4 disk I/Os using the subtractive (read-modify-write) parity method: read old data, read old parity, write new data, write new parity.