Multiple Choice
What is the formula used to calculate a food cost percentage?
A) Cost of Food Sold x Food Sales = Food Cost %
B) Cost of Food Sold ÷ Food Sales = Food Cost %
C) Food Sales - Cost of Food Sold = Food Cost %
D) Food Sales ÷ Cost of Food Sold = Food Cost %
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: What is its cost of food sold
Q26: Prior to accounting for product transfers, a
Q27: Head size has no effect on the
Q28: If an operation achieved $20,000 in sales
Q29: A manager purchases fresh fish for $9.60
Q31: A bar operation had total beverage cost
Q32: Food service operations typically report their cost
Q33: The formula used to calculate a Food
Q34: In what cost category should foodservice managers
Q35: An operation's Beginning Inventory for an accounting