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What are the operating costs that are excluded from an opera…

What are the operating costs that are excluded from an operation’s “Other expenses” cost category?

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What is a cost that would be classified as a controllable ot…

What is a cost that would be classified as a controllable other expense if a manager created a P&L using the USAR format?

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Last month an operation generated $200,000 in food sales and…

Last month an operation generated $200,000 in food sales and $50,000 in beverage sales. The operation had a cost of sales for beverages of $10,000. What was the operation’s beverage cost percentage last month?

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What is the formula foodservice managers use to calculate a…

What is the formula foodservice managers use to calculate a profit margin?

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A Uniform Systems of Accounts describes the legally required…

A Uniform Systems of Accounts describes the legally required format managers must use when preparing the financial statements of a business.

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Managers can reduce their operations’ variable labor cost pe…

Managers can reduce their operations’ variable labor cost percentages by increasing worker productivity.

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An operation’s total revenue minus its cost of sales equals…

An operation’s total revenue minus its cost of sales equals the operation’s gross profit.

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Which measure of labor productivity is unaffected by changes…

Which measure of labor productivity is unaffected by changes in menu prices and the price paid for labor?

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Last year an operation had a cost of food consumed for meats…

Last year an operation had a cost of food consumed for meats of $310,000. In that year the operation had a beginning meat inventory of $15,000 and ending meat inventory of $16,000. What was the operation’s inventory turnover for meat last year?

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What is the formula managers use to calculate a sales varian…

What is the formula managers use to calculate a sales variance percentage?

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