FORMULAS Flashcards
1
Q
CHAPTER 1
Total Sales ÷ Total No. of Cover
A
average sales
2
Q
CHAPTER 1
Covers per Hour/day/server ÷ No of hour/day of operation/Servers
A
average covers
3
Q
CHAPTER 1
No of customers served ÷ No. of seats
A
sales turnover
4
Q
CHAPTER 1
Portion Sales ÷ Total Sales × 100
A
sales mix
5
Q
CHAPTER 1
Cost ÷ Sale
A
cost per dollar of sale
6
Q
CHAPTER 1
Cost ÷ Sales × 100
A
cost percentage
7
Q
CHAPTER 1
Cost ÷ Cost %
A
sales
8
Q
CHAPTER 1
Sales x Cost %
A
cost
9
Q
CHAPTER 3
Variable Cost + Fixed Cost + Profit (S = VC + FC + P)
A
sales
10
Q
CHAPTER 3
Variable Cost ÷ Sales (VC ÷ S )
A
variable rate
11
Q
CHAPTER 3
Sales x Variable Rate(= S × VR
)
A
variable cost
12
Q
CHAPTER 3
Sales – Variable Cost(S – VC)
A
contribution margin
13
Q
CHAPTER 3
1 – Variable Rate(1 – VR)
A
contribution rate
