2-9 Food Costing

2-9 Food Costing

12th Grade

12 Qs

quiz-placeholder

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2-9 Food Costing

2-9 Food Costing

Assessment

Quiz

Hospitality and Catering

12th Grade

Practice Problem

Medium

Created by

Clifton Rice

Used 2+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

Which of the following is the first stage in controlling food costs?

Storing

Purchasing

Cooking

Service

2.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

How is inventory typically expressed?

In units, dollar values, or both

In weight, volume, or both

In time, distance, or both

In temperature, pressure, or both

3.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What does opening inventory refer to?

Physical inventory at the end of a period

Physical inventory at the beginning of a given period

Inventory in transit

Inventory in preparation

4.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is the formula to determine the total food cost?

Opening inventory + Purchases - Closing inventory

Opening inventory - Purchases + Closing inventory

Purchases - Opening inventory + Closing inventory

Closing inventory - Purchases + Opening inventory

5.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

What is the purpose of determining the food cost?

To calculate the expenses related to food inventory

To determine the profit margin

To assess employee performance

To evaluate customer satisfaction

6.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

If the purchases amount to $45,000, what is the opening inventory if the total food available is $95,000?

$50,000

$45,000

$35,000

$60,000

7.

MULTIPLE CHOICE QUESTION

15 mins • 5 pts

How is a standard portion cost prepared?

Using a random recipe

Using a standardized recipe

Without a recipe

Using a family recipe

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