Food Cost Quiz Fill in the cost per recipe unit and recipe cost. 1 GAL =...
| Food Cost Quiz | ||||||||
| Fill in the cost per recipe unit and recipe cost. | ||||||||
| 1 GAL = 128 FL OZ | 1 LB = 16 OZ | |||||||
| Rib Eye Steak | ||||||||
| Ingredients | ||||||||
| Product Specification | Recipe Qty | Recipe Unit | ||||||
| Prime, 12 oz. Rib-eye steak | 12 | OZ | ||||||
| 50 Count Idaho Baked Potato | 1 | EACH | ||||||
| Asparagus, Fresh, White | 4 | OZ | ||||||
| Dinner Roll | 1 | Ea | ||||||
| Butter, unsalted | 1 | oz. | ||||||
| Cost | ||||||||
| Product Specification | Invoice Price | Pack/Size Unit of Measure | Yield | Cost per Recipe Unit | Recipe Unit | Recipe Qty | Recipe Cost | |
| Rib Eye, 12 oz. | $ 7.91 | LB | 100% | OZ | 12 | |||
| Potato-50 each per case | $ 37.00 | 50# case | 100% | EACH | 1 | |||
| Asparagus, Fresh, White | $ 2.29 | 1# | 100% | OZ | 4 | |||
| Dinner Roll | $ 11.39 | Dz | 100% | EACH | 1 | |||
| Butter, unsalted | $ 3.29 | 1# | 100% | oz | 1 | |||
| Miscellaneous (Condiments, etcetera) | xxxxxxx | xxxxxx | xxxxxx | xxxxxxxx | xxxxxxxx | $ 0.500 | ||
| Total Product Cost: | ||||||||
| Food Cost: | ||||||||
| Menu Price: | 27.95 | |||||||
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Food Cost Quiz
Fill in the cost per recipe unit and recipe
cost.
1 GAL =...
Answer the following questions using the next chart Recipe Detail and Cost Card Selling Price: Item Portion Cost: Maritime Clam Chowder Menu Dinner Portion 8 oz Quantity Unit Food Cost 96: 25%...
Answer the following questions using the next
chart
Recipe Detail and Cost Card Selling Price: Item Portion Cost: Maritime Clam Chowder Menu Dinner Portion 8 oz Quantity Unit Food Cost 96: 25% Yield Date 2017-01-16 6 portions Cost Calculation $4.21 Ext Ingredients Butter $4.99 $1.70 $2.79 $5.13 $2.99 30g 350g kg Salt Pork, Diced Onion, diced 120 Celery, diced 2.5kg 51g 200ml 500ml Flour Clam Stock $1.68 Milk 2% 300mlL sprig 25 springs $2.50 1 sprig 25 springs$2.50 Parsley Chopped...
Fred is a 56 year old, single male. He is employed in sales and spends a...
Fred is a 56 year old, single male. He is employed in sales and spends a great portion of his day either behind his desk making calls or in his car. Fred has a base salary but depends on sales for commission. He has a limited income and attempts to use finances wisely. Due to his schedule, he has few friends and little leisure time. He relays that he has been diagnosed with high blood pressure and has a family...
Fred is a 56 year old, single male. He is employed in sales and spends a...
Fred is a 56 year old, single male. He is employed in sales and spends a great portion of his day either behind his desk making calls or in his car. Fred has a base salary but depends on sales for commission. He has a limited income and attempts to use finances wisely. Due to his schedule, he has few friends and little leisure time. He relays that he has been diagnosed with high blood pressure and has a family...
Fred is a 56 year old, single male. He is employed in sales and spends a...
Fred is a 56 year old, single male. He is employed in sales and spends a great portion of his day either behind his desk making calls or in his car. Fred has a base salary but depends on sales for commission. He has a limited income and attempts to use finances wisely. Due to his schedule, he has few friends and little leisure time. He relays that he has been diagnosed with high blood pressure and has a family...
Fred is a 56 year old, single male. He is employed in sales and spends a...
Fred is a 56 year old, single male. He is employed in sales and
spends a great portion of his day either behind his desk making
calls or in his car. Fred has a base salary but depends on sales
for commission. He has a limited income and attempts to use
finances wisely. Due to his schedule, he has few friends and little
leisure time. He relays that he has been diagnosed with high blood
pressure and has a family...
INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the...
INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Item Variable Costs Item Fixed Costs 1.37 Shampoo Clipper(s) Bowls Towels Scissors ou Groomer Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs 30.95 20.00 28.57 3.95 2.08 2.36 200.00 2,367.91 Total Variable Costs $ 9.97 $...
Questions: 1) Determine the product (inventoriable) cost per unit under: a) Absorption costing [1 mark] b)...
Questions: 1) Determine the product (inventoriable) cost per
unit under: a) Absorption costing [1 mark] b) Variable costing. [1
mark]
2) Prepare the statement of profit and loss for periods 1-4
under absorption costing by using the gross margin approach. [12
marks]
3) Prepare the statement of profit and loss for periods 1-4
under variable costing by using the contribution margin approach.
[12 marks]
4) Reconcile the absorption and variable costing operating
profit figures for each period and explain the...
Data: MILESTONE 1 - Variable & Fixed Cost Exercise INSTRUCTIONS: Determine the per unit cost for...
Data:
MILESTONE 1 - Variable & Fixed Cost Exercise INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Variable Costs Fixed Costs Item Item Shampoo 1.04 Groomer 2,080.01 Clipper(s) Bowls 30.95 1.37 Rent 0.72 20.00 Loan Utilities and Insurance Towels 5.83 28.57 1.01 Depreciation on heating system Scissors 3.95 Cleaning Products: Odoban 2.08 Cleaning Products: Simple Green...
1. The unit cost of installing a solar power system per km² was $5,000 in 2010...
1. The unit cost of installing a solar power system per km² was $5,000 in 2010 when the construction cost index was 1,850. Construction of a 5 MW power system requires 50 km² of land. Estimate the cost of constructing a solar power system of 20 MW in 2020 given that the construction cost index is 2,450 and the size-factor is 0.75? 2. A company that manufactures general-purpose transducers invested $2 million four years ago in high-yield junk box bonds....
Answer the following questions using the next
chart
Recipe Detail and Cost Card Selling Price: Item Portion Cost: Maritime Clam Chowder Menu Dinner Portion 8 oz Quantity Unit Food Cost 96: 25% Yield Date 2017-01-16 6 portions Cost Calculation $4.21 Ext Ingredients Butter $4.99 $1.70 $2.79 $5.13 $2.99 30g 350g kg Salt Pork, Diced Onion, diced 120 Celery, diced 2.5kg 51g 200ml 500ml Flour Clam Stock $1.68 Milk 2% 300mlL sprig 25 springs $2.50 1 sprig 25 springs$2.50 Parsley Chopped...
Fred is a 56 year old, single male. He is employed in sales and
spends a great portion of his day either behind his desk making
calls or in his car. Fred has a base salary but depends on sales
for commission. He has a limited income and attempts to use
finances wisely. Due to his schedule, he has few friends and little
leisure time. He relays that he has been diagnosed with high blood
pressure and has a family...
INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Item Variable Costs Item Fixed Costs 1.37 Shampoo Clipper(s) Bowls Towels Scissors ou Groomer Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs 30.95 20.00 28.57 3.95 2.08 2.36 200.00 2,367.91 Total Variable Costs $ 9.97 $...
Questions: 1) Determine the product (inventoriable) cost per
unit under: a) Absorption costing [1 mark] b) Variable costing. [1
mark]
2) Prepare the statement of profit and loss for periods 1-4
under absorption costing by using the gross margin approach. [12
marks]
3) Prepare the statement of profit and loss for periods 1-4
under variable costing by using the contribution margin approach.
[12 marks]
4) Reconcile the absorption and variable costing operating
profit figures for each period and explain the...
Data:
MILESTONE 1 - Variable & Fixed Cost Exercise INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Variable Costs Fixed Costs Item Item Shampoo 1.04 Groomer 2,080.01 Clipper(s) Bowls 30.95 1.37 Rent 0.72 20.00 Loan Utilities and Insurance Towels 5.83 28.57 1.01 Depreciation on heating system Scissors 3.95 Cleaning Products: Odoban 2.08 Cleaning Products: Simple Green...
1. The unit cost of installing a solar power system per km² was $5,000 in 2010 when the construction cost index was 1,850. Construction of a 5 MW power system requires 50 km² of land. Estimate the cost of constructing a solar power system of 20 MW in 2020 given that the construction cost index is 2,450 and the size-factor is 0.75? 2. A company that manufactures general-purpose transducers invested $2 million four years ago in high-yield junk box bonds....
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