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3 years ago

What is Food and Beverage Cost Control, Student Workbook?

Business

1 answer:

myrzilka [38]3 years ago

7 0

Answer and explanation:

"Food and Beverage Cost Control" is a book written by Americans Lea R. Dopson (1963) and David K. Hayes (born in 1954) where they examine the cost cycle of culinary businesses including purchases, production, sales, and food cost formulas, just to mention a few. The book aims to provide students and professional a guide to understand practical techniques to manage food and beverage companies.

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Which of the following is NOT an assumption that economists make when developing a production possibilities frontier (PPF)?

marta [7]

Answer:

Option D

Explanation:

Because it is not one of the key assumption underlying ppf

4 0

3 years ago

Lemony Company made sales of $ 32 comma 200 million during 2018. Cost of goods sold for the year totaled $ 12 comma 880 million.

Aleksandr [31]

Answer:

Gross profit is 60%

Inventory turnover is 4.6 times

Explanation:

The formula to compute the gross profit percentage is shown below:

= (Gross profit ÷ sales) × 100

where,

Gross profit = Sales - the cost of good sold

= $32,200 million ÷ $12,880 million

= $19,320 million

And, the sales is $32,200 million

Now put these values to the above formula

So, the percentage would equal to

= ($19,320 million) ÷ ($32,200 million) × 100

= 60%

The formula to compute the inventory turnover is shown below:

= (Cost of goods sold) ÷ average inventory

where,

Average inventory = (Beginning inventory + ending inventory) ÷ 2

= ($1,200 million + $1,600 million ) ÷ 2

= $900 million

And, the cost of good sold is $12,880 million

Now put these values to the above formula

So, the turnover would equal to

= $12,880 million ÷ $2,800 million

= 4.6 times

7 0

3 years ago

Traditionally, the music industry signed multi-year contracts with artists and sold copyright-protected music through establishe

Anna [14]

Answer:

d) standard; fast

Explanation:

Standard cycle market is defined as a market where a company's products (competitive advantage) are shielded from imitation. This is seen in the given scenario as multi-year contracts with artists and sold copyright-protected music through established distribution channels.

Fast cycle market on the other hand occurs when the competitive advantage of a company is not shielded from imitation. The imitation occurs regularly. In the given scenario this is exemplified by a shift to the digital format and the rise of Internet technology have resulted in the sharing of music over peer-to-peer networks, a practice the industry calls "piracy

5 0

3 years ago

Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 280 employees and occupies 55,200

Agata [3.3K]

Answer:

$61,200

Explanation:

Maintenance expenses allocated to assembly department

Allocation base = Square footage

= $102,000 * $55,200 / ($55,200 + $36,800)

= $102,000 * $55,200 / $92,000

= $61,200

7 0

3 years ago

Select the correct answer from each drop-down menu. Fabian inherited some money from his family and decided to open a hardware s

mojhsa [17]

1) Fabian owns a store

2) He has to pay back the money to the creditors from whom the inventory was taken.

Explanation:

Ownership is the state, act, or right of owning something, i.e., possessing something. For example, the government is the owner of a state company. Liabilities are defined as a company's legal financial debts or obligations that arise during the course of business operations.

Since in this question, Fabian is the owner of a shop and he possesses it and he owns it. And since it is a financial debt on Fabian to pay the creditors, it is a liability for him.

3 0

3 years ago