What Is the Formula Used to Calculate a Food Cost

question 30

Multiple Choice

What is the formula used to calculate a food cost percentage?

• A) Cost of Food Sold x Food Sales = Food Cost %
• B) Cost of Food Sold ÷ Food Sales = Food Cost %
• C) Food Sales - Cost of Food Sold = Food Cost %
• D) Food Sales ÷ Cost of Food Sold = Food Cost %

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Definitions:

Obedience

A form of social influence where an individual follows the directions of an authority figure or a set of rules, often disregarding their own preferences or moral standings.

Compliance

The act of conforming to a request, rule, or standard.

Group Polarization Effect

The tendency for a group's prevailing opinions to become more extreme following group discussion.

Risky Shift

The phenomenon where groups collectively decide on riskier actions or decisions than individuals would make on their own.