What will be the effect on fixed and variable labor cost percentages if an operation increases its sales volume?
As sales volume increases, an operation’s mixed-expense perc…
As sales volume increases, an operation’s mixed-expense percentage decreases while the total dollar amount paid for the mixed expense increases.
When an operation increases it sales, its cost of variable l…
When an operation increases it sales, its cost of variable labor
In the last quarter an operation had management labor costs…
In the last quarter an operation had management labor costs of $20,000, staff labor costs of $80,000 and employee benefits costs of $30,000. The operation achieved a 25 percent total labor cost in the last quarter. How much revenue did the operation generate in the last quarter?
What is the typical range for a foodservice operation’s tota…
What is the typical range for a foodservice operation’s total “Other expense” costs?
What is the financial information that is listed first on a…
What is the financial information that is listed first on a P&L prepared using the USAR?
A cost that changes in direct relationship to changes in an…
A cost that changes in direct relationship to changes in an operation’s sales volume is considered to be a
What is the formula managers use to calculate their break-ev…
What is the formula managers use to calculate their break-even point in sales?
“Total sales – Total cost of sales” is the formula a manager…
“Total sales – Total cost of sales” is the formula a manager uses to calculate an operation’s
An operation’s payroll includes its wages, salaries and bene…
An operation’s payroll includes its wages, salaries and benefit costs.