Gary is the cafeteria manager at the Sunshine Community Hospital. He is reviewing the sales and...
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Gary is the cafeteria manager at the Sunshine Community Hospital. He is reviewing the sales and cost records for the months of June and July. His manager has provided him with food and labor cost control standards for the cafeteria so that Gary can accurately analyze this information. Sunshine Community Hospital Public Cafeteria Cost Control Standards Food cost percentage should be lower than 32 percent. Labor cost percentage should be between 24 and 26 percent. Sunshine Community Hospital Public Cafeteria Sales and Cost Records Sales Opening inventory Closing inventory Food purchases Labor expenses June $19,700 June 1 13,000 June 30 14,105 8,000 5,000 July $16,900 July 1 14,105 July 31 17,105 6,500 5,000 Given the information provided, please answer the following questions: 1. What is the cafeteria's food cost for June? 2. What is the cafeteria's food cost For July? 3. What is the cafeteria's food cost percentage for June? 4. What is the cafeteria's food cost percentage for July? 5. What is the cafeteria's labor cost for June? 6. What is the cafeteria's labor cost for July? 7. What is the cafeteria's labor cost percentage for June? 8. What is the cafeteria's labor cost percentage for July? 9. Which costs were outside acceptable standards during for June? For July? 10. What recommendations should Gary propose to control costs in the upcoming months? Gary is the cafeteria manager at the Sunshine Community Hospital. He is reviewing the sales and cost records for the months of June and July. His manager has provided him with food and labor cost control standards for the cafeteria so that Gary can accurately analyze this information. Sunshine Community Hospital Public Cafeteria Cost Control Standards Food cost percentage should be lower than 32 percent. Labor cost percentage should be between 24 and 26 percent. Sunshine Community Hospital Public Cafeteria Sales and Cost Records Sales Opening inventory Closing inventory Food purchases Labor expenses June $19,700 June 1 13,000 June 30 14,105 8,000 5,000 July $16,900 July 1 14,105 July 31 17,105 6,500 5,000 Given the information provided, please answer the following questions: 1. What is the cafeteria's food cost for June? 2. What is the cafeteria's food cost For July? 3. What is the cafeteria's food cost percentage for June? 4. What is the cafeteria's food cost percentage for July? 5. What is the cafeteria's labor cost for June? 6. What is the cafeteria's labor cost for July? 7. What is the cafeteria's labor cost percentage for June? 8. What is the cafeteria's labor cost percentage for July? 9. Which costs were outside acceptable standards during for June? For July? 10. What recommendations should Gary propose to control costs in the upcoming months?
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1 Food cost for June Opening inventory 13000 Purchases 8000 Closing inventory 14105 689... View the full answer
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