WorksheetsChapter 2 Forecasting and Budgeting Review your Learning
Total questions: 10
Worksheet time: 10mins
Which of the following is a labor cost forecasting method?
Sales forecast
Labor hours per day
Percentage of sales
Break-even point
Which of the following is a long-term budget?
Monthly labor budget
Weekly food cost budget
Operating budget
Monthly marketing budget
Generally, what is the highest expense in restaurant and foodservice operations?
Prime Cost
Beverage cost
Linen cost
Wage cost
Calculate the average check per customer if an operation has weekly sales of $9,300 and a weekly customer count of 258.
$25.80
$35.75
$27.74
$36.05
At a local bistro, total fixed costs for June were $176,432. In that month, 8,652 covers were served. What was the fixed cost per cover for June?
$17.64
$20.39
$23.90
$26.38
How much is the prime cost for PanPan Noodle House?
$300,000
$400,000
$650,000
$750,000
If the Other costs category increases by 40%, how much would profits for PanPan Noodle House be, assuming that all other items do not change?
$60,000
$70,000
$80,000
$140,000
If the desired profit is 15%, what is the ideal total expense?
$100,000
$120,000
$680,000
$700,000
If revenues are expected to increase by 3% and total expenses by 2.5%, what is the budgeted profit for next year?
$75,500
$97,500
$103,000
$106,500
If the budget for food and beverage costs drops to $280,000 and the budget for total revenue remains at $800,000, what is the new food and beverage cost as percentage of sales?
32%
35%
37%
39%
