Colleges Are More Diverse in Their Food Service Operations

question 4

Multiple Choice

Colleges are more diverse in their food service operations

• A)because the hours might be long
• B)because there are many places and occasions for food service
• C)so students are not bored with the same food
• D)because the schedules of students are varied
• E)because costs may be prohibitive

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Definitions:

Materials Quantity Variance

A calculation of the difference between actual material usage and expected usage in production, multiplied by the standard cost for each unit.

Materials Price Variance

The difference between the actual cost of materials and the expected cost based on standard prices.

Raw Materials

Basic substances or components that are used in the initial stages of the manufacturing process to produce goods.

Raw Materials Inventory

The stock of unprocessed materials that are used in the manufacturing process to produce finished goods.