Food Service Math Flashcards

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1
Q

COGS

A

-Cost of Goods Sold
-(Initial inventory + purchases)-Ending inventory

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2
Q

all costs/cost saved by using new item=

A

payback period

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3
Q

sales-cost of sales

A

gross profit

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4
Q

sales-every else besides sales

A

net profit

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5
Q

fixed cost/variable cost

A

break even

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6
Q

of customers/# of seats

A

turnover

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7
Q

servings/total # items

A

Popularity Index

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8
Q

AP

A

-As Purchased
-all items including inedible portions

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9
Q

EP

A

-Edible portions
-what’s acutal in final dish after inedible parts removed

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10
Q

scoop sizes

A

32/scoop #

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