Question 1

Full time equivalent reporting is useful for all the following except:

Accepted Answer

A)  comparison of labor efficiency to competitors 
B)  comparison of labor efficiency between departments 
C)  establishing performance standards 
D)  revealing the costs of overtime 
A)  comparison of labor efficiency to competitors 
B)  comparison of labor efficiency between departments 
C)  establishing performance standards 
D)  revealing the costs of overtime C

Question 2

In a thirty-day month, if 1,000 hours are worked by hourly and/or salaried nonexempt employees, what is the number of full time equivalents?

Accepted Answer

1,000 hrs / (30 days / 7 days per week) / 40 hrs. = 5.833 FTE

Question 3

Harassment can include quid pro quo.

Accepted Answer

A) True 
 B)False  True

Question 4

Employers are responsible for harassment that they knew about or should have known about, unless they immediately act, in good faith, to correct the problem.

Accepted Answer

A) True 
 B)False

Question 5

What factors can cause actual labor cost to deviate from standard costs?

Accepted Answer

Variance between actual and standard lab

Question 6

If the average wage rate increases from $5.00 to $5.50, without an increase in productivity, and labor costs were 35%, what will be the new labor cost percentage?

Accepted Answer

$5.50 / $5

Question 7

Why is staff planning vital to success?

Accepted Answer

Because labor costs make up one of the l

Question 8

The terms salary and wages are often used interchangeably, but there can be an important difference. Salary usually applies to managers, supervisors, and executives who receive a fixed amount each pay period regardless of the number of hours worked.

Accepted Answer

A) True 
 B)False

Question 9

What competing interests need to be balanced in scheduling?

Accepted Answer

There are primarily three competing inte

Question 10

How can a manager decide what products should be outsourced?

Accepted Answer

The make-or-buy analysis (discussed in c

Question 11

If operating standards indicate that the labor cost per cover should be $2.00, and labor costs for the period were $1,000 with 450 covers served, what is the actual variance in labor cost per cover?

Accepted Answer

A)  $200 
B)  $150 
C)  $900 
D)  $100 
A)  $200 
B)  $150 
C)  $900 
D)  $100

Question 12

If sales drop to $10,000 and the cost of labor to $4,000, what is the labor cost percentage?

Accepted Answer

$4,000 / $

Question 13

Raising wages can lower total labor costs when:

Accepted Answer

A)  labor efficiency increases 
B)  employees have more experience 
C)  a greater number of people apply to the company 
D)  productivity analysis is performed more often and accurately 
A)  labor efficiency increases 
B)  employees have more experience 
C)  a greater number of people apply to the company 
D)  productivity analysis is performed more often and accurately

Question 14

In a twenty-eight day month, if 1,100 hours are worked by salaried exempt employees, the full time equivalent is: 9.8 FTE.

Accepted Answer

A) True 
 B)False

Question 15

Scheduling should be based on:

Accepted Answer

A)  company sales 
B)  volume of business 
C)  capture ratio 
D)  occupancy 
A)  company sales 
B)  volume of business 
C)  capture ratio 
D)  occupancy

Question 16

What is the use of FTE analysis?

Accepted Answer

FTE analysis is commonly used

Question 17

What are labor standards and why are they critical to proper scheduling?

Accepted Answer

Labor standards relate to the precise am

Question 18

If total sales were $12,000 and the cost of labor was $4,200, what is the labor cost percentage?

Accepted Answer

$4,200 / $

Question 19

The cost of training employees to perform multiple jobs typically increases the cost of labor.

Accepted Answer

A) True 
 B)False

Question 20

In controlling labor costs, direct observation of employees and customer service is superior to accounting analysis.

Accepted Answer

A) True 
 B)False

Full time equivalent reporting is useful for all the following except:

In a thirty-day month, if 1,000 hours are worked by hourly and/or salaried nonexempt employees, what is the number of full time equivalents?

Harassment can include quid pro quo.

Employers are responsible for harassment that they knew about or should have known about, unless they immediately act, in good faith, to correct the problem.

What factors can cause actual labor cost to deviate from standard costs?

If the average wage rate increases from $5.00 to $5.50, without an increase in productivity, and labor costs were 35%, what will be the new labor cost percentage?

Why is staff planning vital to success?

The terms salary and wages are often used interchangeably, but there can be an important difference. Salary usually applies to managers, supervisors, and executives who receive a fixed amount each pay period regardless of the number of hours worked.

What competing interests need to be balanced in scheduling?

How can a manager decide what products should be outsourced?

If operating standards indicate that the labor cost per cover should be $2.00, and labor costs for the period were $1,000 with 450 covers served, what is the actual variance in labor cost per cover?

If sales drop to $10,000 and the cost of labor to $4,000, what is the labor cost percentage?

Raising wages can lower total labor costs when:

In a twenty-eight day month, if 1,100 hours are worked by salaried exempt employees, the full time equivalent is: 9.8 FTE.

Scheduling should be based on:

What is the use of FTE analysis?

What are labor standards and why are they critical to proper scheduling?

If total sales were $12,000 and the cost of labor was $4,200, what is the labor cost percentage?

The cost of training employees to perform multiple jobs typically increases the cost of labor.

In controlling labor costs, direct observation of employees and customer service is superior to accounting analysis.

Overview of the Industry and the Managers Role

Menu Development

Introduction to Purchasing

Purchase Specifications

Price and the Vendor

Purchasing Controls

Introduction to Beverages

Beverage Procedures, From Start to Finish

Beverage Controls and Service Procedures

Planning for Food Profit and Controls

Monthly Physical Inventory and Monthly Food Cost Calculations

Revenue and Cash Handling Control

Menu Analysis and Planning for Sales

Analyzing Cost-Volume-Profit Cvp Relationships and Marginal Contribution Break-Even MCB

Budgeting and Manager ROI

Filters

Exam 14: Staff Planning and Labor Cost Control

Full time equivalent reporting is useful for all the following except:

In a thirty-day month, if 1,000 hours are worked by hourly and/or salaried nonexempt employees, what is the number of full time equivalents?

Harassment can include quid pro quo.

Employers are responsible for harassment that they knew about or should have known about, unless they immediately act, in good faith, to correct the problem.

What factors can cause actual labor cost to deviate from standard costs?

If the average wage rate increases from $5.00 to $5.50, without an increase in productivity, and labor costs were 35%, what will be the new labor cost percentage?

Why is staff planning vital to success?

The terms salary and wages are often used interchangeably, but there can be an important difference. Salary usually applies to managers, supervisors, and executives who receive a fixed amount each pay period regardless of the number of hours worked.

What competing interests need to be balanced in scheduling?

How can a manager decide what products should be outsourced?

If operating standards indicate that the labor cost per cover should be $2.00, and labor costs for the period were $1,000 with 450 covers served, what is the actual variance in labor cost per cover?

If sales drop to $10,000 and the cost of labor to $4,000, what is the labor cost percentage?

Raising wages can lower total labor costs when:

In a twenty-eight day month, if 1,100 hours are worked by salaried exempt employees, the full time equivalent is: 9.8 FTE.

Scheduling should be based on:

What is the use of FTE analysis?

What are labor standards and why are they critical to proper scheduling?

If total sales were $12,000 and the cost of labor was $4,200, what is the labor cost percentage?

The cost of training employees to perform multiple jobs typically increases the cost of labor.

In controlling labor costs, direct observation of employees and customer service is superior to accounting analysis.

Overview of the Industry and the Managers Role

Menu Development

Introduction to Purchasing

Purchase Specifications

Price and the Vendor

Purchasing Controls

Introduction to Beverages

Beverage Procedures, From Start to Finish

Beverage Controls and Service Procedures

Planning for Food Profit and Controls

Monthly Physical Inventory and Monthly Food Cost Calculations

Revenue and Cash Handling Control

Menu Analysis and Planning for Sales

Analyzing Cost-Volume-Profit Cvp Relationships and Marginal Contribution Break-Even MCB

Budgeting and Manager ROI

Filters