Food and Beverage Cost Control System

These are the cost of sales in the food service industry.

Securing Raw Material is a task of a Retail Manager

• Yes

• No

Manufacturing Manager's Tasks are Securing Raw Material, Manufacturing Product and Marketing to End User

• True

• False

What is the meaning of FiFo

These costs are normally unaffected by changes in sales volume.

• Fixed Costs

• Variable Costs

• Preliminary Costs

• Oxidentary Costs

These costs are clearly related to business volume.

This is the Reward for any service

What is the formula in assuring that a company has given enough compensation.

• Revenue - Costs = Profit

• Profit - Revenue = Costs

• Revenue + Profit = Costs

• Profit + Costs = Revenue

A product is sold 39% higher on the initial cost of 126.00. What is the selling price?

After all the expenses like advertising, management salaries, rental, utilities and labor required to generate the sales to name but a new are deducted. What was determined?

• Gross Profit

• Net Profit

• Selling Price

• Revenue