Upgrade to remove ads
Practice Test Questions Cost Control
Terms in this set (23)
An operation uses pineapples in the production of drinks made in its bar. What will be the effect if the manager does not transfer the cost of pineapples from food expenses to beverage expense?
Beverage costs will be understated and food costs will be overstated
a manager purchases fresh fish for $9.60 a pound. after cleaning and filleting the product the waste percentage for the fist is 34%. What is the EP cost per pound for this fish item?
A managers standardized recipe for chili cost $56.00 to product. the recipe yields 100 portions. each portion is 8-ounces. what would be the cost per portion if the manager reduces the portion size of this item from 8oz to 7oz?
A managers standardized recipe costs $980.00 to produce and it yields 200 portions. The manager sells the item for $17.50. what is the food cost percentage?
when management uses a target food or beverage cost percentage to price menu items, it believes...
portion cost in relationship to selling price is of the most importance.
which measure of labor productivity compares the price for labor with the revenue generated in food service operation?
labor cost percentage
a manager anticipates that 2,000 guests will be served next week. The managers operation serves 2.5 guests per labor dollar expended. What will be the managers estimated cost of labor next week?
a manager forecasts that 160 guest will be served tomorrow. One server can provide high quality service for 30 guests and one cook can prepare high quality food for 60 guests. How many servers and cooks should be scheduled tomorrow?
6 servers and 3 cooks
which cost would be classified as an other expense featuring fried chicken?
a cost that changes in direct relationship to changes in a food service operations sales volume is a
what is the effect on an operations fixed expense when the operations sales volume increases?
fixed expense amount is unchanged, fixed expense percentage decreases
what are the two components that make up an operations total revenue?
selling price and number sold
what is its cost of food sold if an operations beginning inventory equals $5,000, ending inventory equals $2,000, purchases equal $1,500 and employee meals equal $500?
a mangers standardized recipe costs $73.50 to produce and it yields 15 portions. The manager sells the item for $17.50. What is this items contribution margin?
Which expense will be the largest in the typical food service operation?
the food service manager in a military base served 3,200 meals in an accounting period and incurred a total cost of food sold of $11,040. What was the managers cost per meal for the period ?
A manager buys fresh carrots in 20 pound cartons. After the carrots have been cleaned, trimmed, and chopped each carton yields 17 pounds of carrots (EP). What is this manager's waste percentage for fresh carrots?
at the beginning of a buffet meal a manager placed $1,100 worth of food on the buffet line. During the meal another $500 of food was added to the line. At the end of the meal that value of the remaining food was $400. The manager served 100 guests. what was the buffet cost per guest served during this meal period?
What is the amount that remains after the product cost of a menu item has been subtracted from the item's selling?
on Monday, a managers operation generated revenue of $1,200. The manager served 100 guests, used 25 total hours of labor, and had a labor cost of $300. What were the managers sales per labor hour on Monday?
A manager calculated that her attainable product cost for a period was $20,000. Her actual cost for the period was $25,000. WHat was the managers operational efficiency ratio for the period?
A manager anticipates that 2,000 guests will be served next. The managers operation serves 2.5 guests per labor dollar expanded. What will be the managers estimated cost of labor next week?
Involuntary separation occurs when an employee, rather than the employees manager, makes the decision for the employee to leave an organization T/F
Other sets by this creator
the last final exam i will ever have to study for…
Cost Control Chpt 10
Cost Control Chpt 9
Other Quizlet sets
Chapter 4,5,6 Quiz
Health Test - Tobacco, Alcohol, & Drugs
GEMS 158 CH 13
SOCL exam 1