Lesson CA:D4-2
Food Cost Percentage
 
CD CA.  Foods, Nutrition, and Culinary Arts
Unit D.  Entrepreneurial Opportunities in the Culinary Business
Problem Area 4.  Food Cost Accounting
Lesson 2.  Food Cost Percentage
 
 

1. The cocoa base to make 1 cup of hot chocolate cost $0.42, and a cup of hot chococolate sells for $1.50. What is the FC%?

a. 12 percent

b. 22 percent

c. 28 percent

d. 30 percent
Answer: c

2. A turkey sandwich costs $3.23 to produce, including bread and butter. The menu price is $7.95. What is the FC%?

a. 30 percent

b. 40 percent

c. 50 percent

d. 60 percent
Answer: b

3. The cost of a cookie is $0.22 and the FC% is set at 40 percent. What is the selling price for one cookie?

a. 50 cents

b. 55 cents

c. 65 cents

d. 1 dollar
Answer: b

4. What is the amount spent on food purchases?

a. food cost percentage

b. food cost price

c. food cost

d. food cost portion
Answer: c

5. What is portion cost?

a. is the price of a single serving of food

b. is the amount charged for a food item

c. is a ratio that compares the food cost to food sales

d. is a part of a whole expressed in hundredths
Answer: a