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Dr. Filemon C. Aguilar Memorial College of Las Piñas City *

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1198

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Accounting

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Nov 24, 2024

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pdf

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2

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10/30/23, 8:27 PM Chapter 5 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638439&cmid=1260506&page=7 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHA - Nardi / CHAPTER 5 - Pricing Methods / Chapter 5 Quiz Question 8 Not answered Marked out of 1.00 If a 100 seat restaurant is open every day and has total sales of $200,000 for the month of September, what is the average lunch check if lunch sales are 60% of the total sales and the seat turnover is 2.2 times? Select one: a. $18.18 b. $12.12 c. $17.60 d. $30.30 Your answer is incorrect. Explanation: Average lunch check is calculated as (Meals by period × Total sales for the period) ÷ (Number of seats × Seat turnover × Days open) = (60% × $200,000) ÷ (100 × 2.2 × 30) = $18.18. The correct answer is: $18.18
10/30/23, 8:27 PM Chapter 5 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4638439&cmid=1260506&page=7 2/2
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