3700 EXAM 2 QUESTIONS AND ANSWERS
Which of the following control tools links a restaurant's suppliers and receiving staff, ensuring that the proper quality of products is available for food production and service?
- Answer- Standard purchase specifications
A formula for producing a food and beverage item is called a(n) - Answer- standard recipe
Which of following standard cost control tools defines the net weight or volume of a food
item after it has been processed according to established standard production procedures outlined in the standard recipe? - Answer- standard yield
to produce a desired yield of 20 pounds from a standard recipe with a standard yield of 5 pounds the amount of each recipe ingredient used should be multiplied by - Answer- 4
If the AP price for a food item increased to $4.45 per pound and the cost factor for the item is 2.1 what is the new cost per servable pound - Answer- $9.35
If the original yield for a standard recipe is 25 portions an the desired yield is 120 portions what is the adjustment factor - Answer- 5.2
If the standard portion cost for a menu item is $4.20 and 60 portions are prepared what is the total ingredient cost? - Answer- $252
Which of the following files maintained by recipe management software applications contains data for all meal periods and menu items sold - Answer- menu item file
If total food costs are $10.50 and total food sales are $30000 the food cost percentage is - Answer- 35
Managers use standard beverage cost to establish - Answer- a base of comparison to measure actual results of the beverage operation.
Which of the following budgeting processes ensures that plans are specifically geared to individual operations with in multi unit food service companies? - Answer- bottom-up budgeting
When revenues are being projected which of the following factors assumes that past trends are good predictors of future growth - Answer- revenue history
The first step in the process for budgeting for food and beverage operations is to - Answer- project revenues
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