A restaurant manager served 50,000 covers last month and achieved a check average of $18.00. The mangers
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A restaurant manager served 50,000 covers last month and achieved a check average of $18.00. The manger’s food cost was 28%. For next month the manager will raise menu prices by 5%. The manager expects a 2% increase in the cost of food products she will buy next month. What dollar amount should this manager forecast for her Cost of Sales: Food for next month?
a. $257,040
b. $277,040
c. $217,040
d. $237,040
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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