Chap 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Sales | The dollar amount the establishment has taken in for food and beverages
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| Loss | Expenses are greater than sales
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| Profit | Expenses and food cost from sales
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| Cost structure | The proportion or percentage of expense items to sales
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| Controllable cost | Cost that's control
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| Variable cost | Cost that increase and decrease direct proportion to sale
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| Fixed cost | Cost that remain the same
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| Semivariable cost | Cost that increase and decrease as sale increase and decreases but not in direct proportion
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| Non controllable cost | No control over the cost
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| Operational standard | The measure established comparisons and judgments about the degree of excellence in operation
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| Prime cost | Operations total food cost beverage cost and labor costs for a specific time period usually week
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| Cover | One meal served to a customer
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| Controls | Important part of making a profit
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| Quality standard | Set the of the excellence of raw materials
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| Quantity standard | Refer to weight count volume measure
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| Variance | The difference between actual results and targeted results
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| Line item review | The checking of every item on the budget against actual figures and noting the difference or variance
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| Corrective action | Step that are taken to address a problem
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
The black guy
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