A manager pays $5,000 per month plus 2% of total monthly sales to the owner of the building that houses the manager’s restaurant. How much will the manager have to pay to the building’s owner in a month in which the total sales for the restaurant are $80,000?

Dram shop laws shift the liability for acts committed by an individual under the influence of alcohol from that individual to the

When management uses a target food or beverage cost percentage to price menu items, it believes

A restaurant’s ambience is unaffected by its

It costs an operation $3.00 to produce a menu item. The operation sells the item for $12.00. As a result, the food cost percentage for this item is 20%.

What is the final step in the 4-step process used to manage payroll costs?

Product cost percentage and product contribution margin are the two primary methods used to establish foodservice prices.

Managers use standardized recipe cost sheets to calculate their total recipe costs and their individual portion costs.

Value pricing refers to the strategy of reducing prices on selected menu items for the purpose of increasing an operation’s total sales revenue.

An operation’s Beginning Inventory for an accounting period equaled $15,000. Ending Inventory for the period equaled $14,000, Purchases equaled $21,500 and Total Cost of Sales was $21,000. What was the amount of this operation’s Employee Meals in the period?