If the Revenue (sales) decreases and everything else remains the same, what happens to the Food Cost percentage? Why Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% Select one: O a. Food cost % decreases because the ratio of food cost to revenue will be higher. b. Food cost % increases because the ratio of food cost to revenue will be lower. Oc. Food cost % decreases because the ratio of food cost to revenue will be lower. Od. Food cost % increases because the ratio of food cost to revenue will be higher.
If the Revenue (sales) decreases and everything else remains the same, what happens to the Food Cost percentage? Why Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% Select one: O a. Food cost % decreases because the ratio of food cost to revenue will be higher. b. Food cost % increases because the ratio of food cost to revenue will be lower. Oc. Food cost % decreases because the ratio of food cost to revenue will be lower. Od. Food cost % increases because the ratio of food cost to revenue will be higher.
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If the Revenue (sales) decreases and everything else remains the same, what happens to the Food Cost percentage? Why?
Beginning Inventory
$11,500
Dairy Alternative Purchases
(+) $1,000
Produce Purchases
(+) $500
Protein Purchases
(+) $1,000
Dry Goods Purchases
(+) $1,000
Ending Inventory
|(-) $10,900
Food Cost
(=) $4,100
Revenue
(+) $12,500
Food Cost %
(=) 32.8%
Select one:
a. Food cost % decreases because the ratio of food cost to revenue will be higher.
b. Food cost % increases because the ratio of food cost to revenue will be lower.
c. Food cost % decreases because the ratio of food cost to revenue will be lower.
d. Food cost % increases because the ratio of food cost to revenue will be higher.
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