The Executive Chef Has to Figure Out How Many 9-Ounce

question 24

Multiple Choice

The executive chef has to figure out how many 9-ounce steaks are left after Saturday night. She has to take into account how many she cut and how many the restaurant sold from Thursday through Saturday. On Thursday, the sous chef cut 125 steaks. The restaurant sold 76 steaks. Friday, 20 more steaks were cut, and the restaurant sold 42 steaks. Saturday, she cut 25 more steaks, and the restaurant sold 35 steaks. How many steaks are left for Sunday?

• A) 81 steaks
• B) 79 steaks
• C) 17 steaks
• D) 35 steaks

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Definitions:

Selling Price

Selling price is the amount of money a buyer pays to purchase a product or service from a seller.

Manufacturing Costs

The total expense involved in the creation of a product, including raw materials, labor, and overhead costs.

Departments

Divisions within an organization, each responsible for specific functions or tasks.

Departmental Predetermined Overhead Rates

Rates calculated in advance for each department, used to assign overhead costs based on estimated activity levels.