WorksheetsIntro to Cost and Cost Controlling
Total questions: 10
Worksheet time: 3mins
COSTING is analyzing the amount required to produce a product or ___________.
service
price
item
COST CONTROLLING is focused on ___________ expenditure to increase profits.
increasing
reducing
producing
Which of the following states why COST CONTROLLING is important?
Helps to maximize profits
Helps to stay within budget
Helps to increase expenditure
both a & b
both a & c
A product DOES NOT require cost controlling.
TRUE
FALSE
Both products and services in a restaurant REQUIRE cost controlling.
TRUE
FALSE
Which of the following is an an example of a PRODUCT(s) in a restaurant that requires costing and cost controlling?
disposable plates
napkins
employee labor
both a and b
both a and c
Which of the following is an an example of a PRODUCT(s) in a restaurant that requires costing and cost controlling?
tables
lawn maintenance
none of the above
Which of the following is an an example of a SERVICE (s) in a restaurant that requires costing and cost controlling?
employee labor
painting the building
fixing the beverage machine
All of the above
Both A & C
Which of the following is an an example of a SERVICE(s) in a restaurant that requires costing and cost controlling?
deep cleaning from an outside janitorial company
beverage straws
glassware
Mr. Smith, the F&B the manager at Seafood Shack, is analyzing the cost of the ingredients required to make their famous "seafood fettucine". The company that supplies the lobster recently increased their cost by .98 cent per lb. As a cost control control measure, what should Mr. Smith do?
increase the cost of the seafood fettuccine
decrease the cost of the seafood fettuccine
leave the cost of the seafood fettucine as is
find a different lobster vendor
both A & D
