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Costing Exercise

Total questions: 9

Worksheet time: 11mins

Name
Class
Date
1.

What is the food cost price?

a)

How much the ingredients of a meal cost you in dollars and cents.

b)

How much you sell the meal for in dollars and cents

c)

How long the meal takes to cook

d)

The profit you make from selling a meal

2.

What is the food cost percentage?

a)

How much you spent on food compared to the selling price

b)

How much you spent on food, labour and rent compared to the selling price

c)

The food budget for the whole kitchen

d)

How much profit you will make of each dish

3.

How do you work out the food cost of a dish?

a)

Averaging all of the items and adding 30%

b)

Adding the cost of all of the ingredients

c)

Asking how much money your customers have

d)

By stocktaking the kitchen every day

4.

If it cost you $2 to make a bowl of soup with garnish and sides and you needed a 20% food cost, what is the selling price?

a)

$10

b)

$12

c)

$15

d)

$11.50

5.

It cost you $3 to make a salad, you sell it for $15. What is the food cost percentage?

a)

15%

b)

20%

c)

25%

d)

30%

6.

What is the yield of a size 16 chicken if the butchery wastage is 40% (how much do you have left)?

a)

900 g

b)

960 g

c)

1,200 g

d)

1,050 g

7.

If my main meal cannot cost more than $22 and I need to have a 20% food cost, how much can I spend?

a)

$2.20

b)

$4.80

c)

$4.00

d)

$4.40

8.

What is the selling price including GST if the selling price is $10?

a)

$10.50

b)

$11.00

c)

$11.50

d)

$12.00

9.

How do I add GST to the selling price of my dish?

a)

multiply it by 1.1

b)

add $1

c)

subtract $1

d)

You do not need to add GST