What Measure of Labor Productivity Would Increase If a Manager

question 19

Multiple Choice

What measure of labor productivity would increase if a manager gave all kitchen employees a 2% cost of living pay increase?

• A) RevPASH
• B) Sales per labor hour
• C) Labor cost percentage
• D) Guests served per labor hour

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Definitions:

Note

A financial instrument that represents a debt or obligation between two parties, wherein the issuer promises to pay the holder a certain amount of money at a future date.

Adjusting Journal Entry

An entry made in the accounting journals at the end of an accounting period to allocate items between accounting periods.

Allowance for Doubtful Accounts

An estimate of the amount of accounts receivable that may not be collected, used to reduce the carrying amount of receivables on the balance sheet.

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal.