Question: Instructions Complete this assignment and submit it to the dropbox by the required due date and time. Most students use Microsoft Excel to complete the
Instructions Complete this assignment and submit it to the dropbox by the required due date and time. Most students use Microsoft Excel to complete the problems and attach the answers. Other students have scanned their answers, and sent it as attachment. 1. Why would each of the following adversely affect the average sale in a restaurant? a. Deterioration in service standards b. Customer dissatisfaction with food quality c. Inadequate sales promotion d. Changes in portion sizes Show by example how improper recording of sales affects food cost percent 2. The owner of Foster's Restaurant projects labor costs of 36% and fixed costs of 28%, and wants to plan for profit of 12% What food cost percent should be projected? (Assume no alcoholic beverages are served.) Portion Costs Item A $1.94 Item B $2.26 Item C S4.40 Item D $2.88 Item E $2.42 3. The owner of Gideon's Restaurant realizes that her establishment is offering homogeneous products that are extremely price sensitive. At current costs and sales, the business is unprofitable. She wants to take steps to turn the business around. What suggestions can you offer to help this owner make the business profitable? 4. The new manager of Frisbee's Restaurant has learned that there is always a waiting line of customers on Friday : and Saturday nights. Because of the apparent need to serve customers as quickly as possible so that seating can be made available to those waiting in line, to what extent should this new manager suggest the use of selling techniques that tend to prolong service and result in customers spending additional time at tables
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