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PURCHASING FINALS REVIEW Flashcards | StudBud
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PURCHASING FINALS REVIEW
PURCHASING FINALS REVIEW
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Flashcards
32 cards
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Questions
32
Answers
1
What is Prime Cost?
Fees associated with being an Autobot
Cost of Goods Sold + Labour
Food Cost + Labour Cost - Overhead x Covers
Labour + Overhead
2
How Do You Calculate AP?
EP / Yield $
EP / Yield %
EP x Yield %
AP $ x EP $
3
Large Ice Crystals on Frozen Vegetables are Indicative of?
Proper Storage
Freezer Burn
Lower Grading
Elsa's Cruel Touch
4
What Are Some Added Costs That Come With High Employee Turnover?
Administrative / OT Pay
None Are Correct
Advertising / Extra Wages and Training
Both Are Correct
5
A Restaurant with 168 Seats Serves 297 Covers, What is its Seat Turnover Rate?
0.57
0.26
3.88
1.77
6
In Canada, After How Many Hours does Overtime Begin?
Over 8 Hrs / day and 44 Hrs / week
Over 10 Hrs / day and 40 Hrs / week
Over 6 Hrs / day, But not More Than 44 Hrs / Week
Over 8 Hrs / day and 40 Hrs / week
7
Opening Inventory is $2369, Closing Inventory is $2300, Cost of Food Sold is $4382, What is the Inventory Turnover Rate?
2.87
1.07
What is a Turnover rate?
1.88
8
Are Salaried Employees Entitled To Overtime Pay?
True
False
9
What are Breaker Tomatoes?
Rotten Tomatoes
Tomatoes That Have Learned Martial Arts
Mature Tomatoes Beginning To Ripen
Tomatoes That Have Fallen On The Ground
10
What are Chopper Peppers?
Peppers That Have Great Knife Skills
Lower Grade Peppers w/ Irregular Sizing
A Figment Of Your Imagination
Peppers That Have Been Cut and Processed
11
What is a Grade of Cucumber?
Canada Extra Fancy
Canada No. 1 / No. 2
Canadian Choice
Prime Produce
12
What are 2 Ways to Reduce Employee Turnover?
Be Supportive / Give Compliments
Increase Wages / Decrease Workload
Motivate and Empower Employees / Look For a Good Fit When Hiring
Tie them to the Steamer / Take Away Phones
13
What is a Variable Cost?
Costs That you Cannot Control
Costs that Never Change
Costs that make a difference
Costs that fluctuate with Business Volume
14
The Cost of a Meal is 30.46% of the Menu Price, Which is Listed at $31.39. What is the Food Cost Dollar?
$21.83
$103.05
$9.56
$31.39
15
How Do You Calculate EP $?
AP $ / Yield $
EP x AP $
Yield % / EP
AP $ / Yield %
16
How do you Calculate Sales Per Person - Hour Rate?
Total Person Hours / Gross Profit
Total Sales / Total Person Hours
Total Sales x Total Person Hours
Total Person Hours / Hours Worked
17
If 5,817 Guests Brought in $313,479 in Sales, What is the Average Check?
$53.89
$0.02
We might as well close the doors, I told you to Upsell!!!
$36.61
18
Purchases for the Month were $10,155, and $2,590 were spent on items for the Spice Factor, What is the Spice Factor %?
25.5%
17.4%
3.92%
0.99%
19
On a Scale of 1 - 10, How did Your Instructors do in Material Delivery?
7 - 9
4 - 6
0 - 3
10
20
The Restaurant Monthly Labour is $6615, Sales are $45,932. What is the Labour Cost Percentage?
85.6%
6.94%
We cannot afford to pay you
14.4%
21
How Comfortable Are You Going Into The Final Exam?
I Didn't Sign Up For This
Confident yet Nervous
Meh
Super Very Happy Go Lucky Awesome
22
What are Some Examples of Qualitative Factors?
Conventions, Holidays
New Business Competition, Taylor Swift
Marketing, Special Events/Concerts
Weather, Construction
23
How is Seat Turnover Rate Calculated?
Total Seats x Covers
Number of Chairs x Number of Tables / Total Number of Guests
Amount of Reservations + Total Walk ins / Available Seats
Covers / Total Seats
24
How Many KG of Tenderloin do you Need to Order to Serve 50 x 6 oz Portions w/ a 70% Yield?
8.5 KG
300 KG
17.22 KG
12.14 KG
25
If The Cost of Goods Sold is $4355, and Labour is $3170, What is the Prime Cost?
$1185
$6384
$5862
$7525
26
What does FIFO Mean?
First In First Out
Friday Is Food Orders
First Inventory Federated Offers
Firstly Inked Freshly Opened
27
An Employee Works 49 hrs/week and Makes $18/hr Company Benefits are 15.45%. What is the Weekly Labour Cost?
$1070.22
$1111.78
$882
$1018.27
28
How Do You Calculate Spice Factor?
Value of S.F. items / Value of Total Food Purchases
Adding all Items to be included into S.F.
Value of S.F. Items x Value of Total Food Purchases
Total Spices / Total Herbs
29
What Type of Information Might Appear on a Product Specification?
Nutrtional Information / Allergen List / Company Name / Logo / Catch Phrase
None of The Above
Yield Grade / Brand Name / Pack Size / Processing / Size
Degree of Ripeness / Product Quality / Container Type / Origin / Colour
30
What Are the 4 Types Of Inventory Methods?
Addition / Subtraction / Division / Multiplication
FIFO / LIFO / Weighted Average / Most Recent
Count Twice / Invoice Method / Best Guess / Waste Report
FILO / LIPO / Recent Average / Largest Weight
31
A Bistro Serves 847 Guests in a Day But Has 62 Dishes That are Unsaleable, What is the Errors per Covers Rate?
13.66
0.07
We don't make mistakes
785
32
What is Overhead?
The Ceiling
Sum of All Fixed Costs
Sum of All Costs Including COGS and Labour
Sum of All Costs and Taxes Excluding COGS and Labour
