Problem 1What is the standard recipe adjustment factor, given the following information? original recipe   New recipe   AF Number of protion Portion size Number of portion Portion size   35 .25 cup 75 .25cup   75 4oz 35 4oz   35 .5cup 35 .25cup   75 6oz 75 10oz   35 6oz 75 8oz   75 .5cup 35 .25cup

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter5: Evaluating Operating And Financial Performance
Section: Chapter Questions
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Problem 1What is the standard recipe adjustment factor, given the following information?

original recipe   New recipe   AF
Number of protion Portion size Number of portion Portion size  
35 .25 cup 75 .25cup  
75 4oz 35 4oz  
35 .5cup 35 .25cup  
75 6oz 75 10oz  
35 6oz 75 8oz  
75 .5cup 35 .25cup  

Problem 2

Determine the portion cost for the steak platter based upon the following information:

4oz sirloin $10.15/lb
1 baked potato 12 potatoes for $3.70

1oz sour cream

5lb jar for $7.15
2 dinner rolls $3.85 dozen
4 oz corn  5lb for $5.75

Problem 3

Calculate the Contribution Margin (CM) and Food Cost % given the following data:

Item No sold Revenue food cost  CM Food Cost %
A 25 180 45    
B 40 230 62    
C 45 300 90    
D 20 340 100    

 

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