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WorksheetsCOST CONTROL
Total questions: 20
Worksheet time: 22mins
Prediction of the amount of money needed for a specific period of time
Budget
Cost
Forecasting
Daily food cost report
Pertains to resources expended in order to achieve an objective
Budget
Cost
Yield
Capital
These are expired, consumed, or utilized costs.
Variable Cost
Expenses
Standard Cost
Actual Cost
I. Standard defines the degree of acceptability of inputs, finished products, and work performance.
II. Quantity defines the degree of acceptability based on weight, count, or volume.
Statement I is correct.
Statement II is correct.
Both statements are correct.
Both statements are incorrect.
Cost control measure/s for Menu Planning
I. Use of standardized recipes and menus
II. Maintenance of records of cost per portion
III. Use of yield tests
I & II only
II & III only
I & III only
All of the above
Total sales spent on food products
Labor Cost
Overhead Cost
Prime Cost
Food Cost
Financial goal based on food cost used by fast foods and cafeteria.
20% food cost
25% food cost
33% food cost
40% food cost
Financial goal based on food cost used by government, hospitals, and schools.
25% food cost
33% food cost
40% food cost
50% food cost
A higher food cost percentage will yield _______
a cheaper selling price
a higher selling price
no effect on the selling price
Prediction of food needs for a day or other specific period of time and is based on historical data.
Budget
Yield
Forecasting
Cost
Used to determine how much of the food is lost as a result of processing.
Yield test
Portion control
Standardization
Cost control
Utilities, laundry, repairs and maintenance, replacement, phone, water, electricity, office supplies, and cleaning materials are examples of?
Operating Costs
Fixed Costs
Uncontrollable Costs
Hidden Costs
Product quality, customer type, sales mix, ambiance, service quality, and local competition are factors affecting what?
Labor cost
Work schedule
Menu pricing
Food cost
Financial record containing assets, liabilities, and capital statement at a given period
Balance Sheet
Profit and Loss Statement
Statement of Owner's Equity
Income Statement
Overtime and premium pay are entitlements awarded to
Managerial employees
Regular employees
Contractual employees
All employees
In case an employer requires a worker to work during the night, any time between 10pm and 6am, he must be paid a minimum of
10% over and above his regular wage for each hour
15% over and above his regular wage for each hour
20% over and above his regular wage for each hour
25% over and above his regular wage for each hour
The cost of making a serving of chicken wings in Baekhyun's restaurant is Php 46. If his restaurant uses 35% food cost, how much will be the selling price per serving?
Php 131
Php 61
Php 84
Php 137
Regrub is a burger restaurant.
A recipe of "Regrub's Finest" costs Php 465.39 and yields 4 servings. How much would be the selling price per serving?
Php 465.39
Php 116.35
Php 352.57
Php 290.87
Compute for the selling price using the following data:
Actual food cost = Php 150
Actual labor cost = Php 20
Desired prime cost = 50%
Php 340
Php 300
Php 260
Php 280
The cost of making a serving of Baekhyun's special chicken wings is Php 46. If this menu is included in a catering function, how much will be the selling price per serving?
Php 230
Php 210
Php 225
Php 254
