(Feb 21—27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4, 156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29, 184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (under) Based on the actual results, what adjustments need to be made to Food and Beverage sales projections for next week? a. Projections for next week should be set the same as this week, so we can strive to reach our goals. b. Projections for next week should be increased because we exceeded our projections this week c. Because this week's actual profit (-$4006) came in below our projected profit ($4444), we should reduce next week's Food and Beverage sales projections. d. Projections for next week should be increased to make up the difference from this week
(Feb 21—27) Projected Actual Difference Food Cost $6,971 $7,842 +$871 (over) Beverage Cost $3,954 $4, 156 +$202 (over) Labor Cost $8,423 $9,541 +$1,118 (over) Other Costs $7,645 $7,645 $0 (even) Total Costs $26,993 $29, 184 +$2191 (over) Food Sales $18,565 $14,326 -$4,239 (under) Beverage Sales $12,872 $10,852 -$2,020 (under) Total Sales (Revenue) $31,437 $25,178 -$6,259 (under) Total Profit $4,444 -$4,006 -$8,450 (under) Based on the actual results, what adjustments need to be made to Food and Beverage sales projections for next week? a. Projections for next week should be set the same as this week, so we can strive to reach our goals. b. Projections for next week should be increased because we exceeded our projections this week c. Because this week's actual profit (-$4006) came in below our projected profit ($4444), we should reduce next week's Food and Beverage sales projections. d. Projections for next week should be increased to make up the difference from this week
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
Related questions
Question
(Feb 21—27) |
Projected |
Actual |
Difference |
Food Cost |
$6,971 |
$7,842 |
+$871 (over) |
Beverage Cost |
$3,954 |
$4, 156 |
+$202 (over) |
Labor Cost |
$8,423 |
$9,541 |
+$1,118 (over) |
Other Costs |
$7,645 |
$7,645 |
$0 (even) |
Total Costs |
$26,993 |
$29, 184 |
+$2191 (over) |
Food Sales |
$18,565 |
$14,326 |
-$4,239 (under) |
Beverage Sales |
$12,872 |
$10,852 |
-$2,020 (under) |
Total Sales (Revenue) |
$31,437 |
$25,178 |
-$6,259 (under) |
Total Profit |
$4,444 |
-$4,006 |
-$8,450 (under) |
Based on the actual results, what adjustments need to be made to Food and Beverage sales projections for next week?
a.
Projections for next week should be set the same as this week, so we can strive to reach our goals.
b.
Projections for next week should be increased because we exceeded our projections this week
c.
Because this week's actual profit (-$4006) came in below our projected profit ($4444), we should reduce next week's Food and Beverage sales projections.
d.
Projections for next week should be increased to make up the difference from this week
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