This January, a restaurant achieved a food cost percentage of 28%. Last January the restaurant achieved a

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This January, a restaurant achieved a food cost percentage of 28%. Last January the restaurant achieved a food cost percentage of 26%. What was the percentage change in the restaurant’s food cost percentage this year when compared to last year?

a. 7.7%

b. 7.0%

c. 2.7%

d. 2.0%

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 12:49 AM

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This January, a restaurant achieved a food cost percentage of 28%. Last January the restaurant achieved a

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Managerial Accounting for the Hospitality Industry

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