FNS 400 Study Guide - Final Guide: Direct Labor Cost, Fixed Cost, Foodservice

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Menu pricing: this covers cost of food, labour, additional operating costs (rent, energy, promotional advertising, operational cost, fixed: static, per month (ie: rent, variable: unexpected expenses, unplanned, depends on sale point and food service. Includes perception of value and competition (ie 12$ at starbucks vs 12$ at mcdonalds) Prime cost= raw food cost and direct labor cost of employees involved in preparation of a food item but not service: 5. 19 + 5 = 10. 19 x 2 = 20. 38, 3. Actual food cost actual food cost +actual labor cost + other variable cost + fixed cost + profit: 5. 19+ 5$ + 0. 50 + 0. 50 + 4 = 15. 19$ Internal supply of labor, consisting of the # and type of employees need to be determined first: supply analysis uses both internal and external sources. Job analysis: process of obtaining information about jobs by determining the duties and tasks or activities of those jobs.