Actual food cost in December 2022 in Coquitlam Grill was $27,000, and the standard food...
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Accounting
Actual food cost in December 2022 in Coquitlam Grill was $27,000, and the standard food cost estimated for December 2022 when preparing the restaurants budget in November 2022 was $22,000. The food sales at Coquitlam Grill in December 2022 were $89,000. Based on this information, Maria Stevens had calculated that potential savings in percentage in December 2022 were ___% (round the intermediate calculations to two decimal places and the final result to a whole number.)
a.
6%
b.
Cannot be determined from the given data
c.
7%
d.
5%
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