Question

1)

Aday's Roadside Cafe has the following standardized information for its 4-item menu.

STANDARD SERVINGS = 30
Menu Item	Standard Quantity	Standard Price	CF
Chicken	15	$             1.40	1.5
Pork	22	$             1.60	1.33
Beef	30	$             2.00	2
Fish	11	$             2.50	0.6

Standard quantity is in lbs. Standard price is per lb.

During the last week, Aday determined the actual information for each menu item. They are listed below:

Menu Item	Actual Servings	AQU	Total Cost
Chicken	45	30	$           46.80
Pork	40	35	$           49.00
Beef	60	75	$         165.00
Fish	18	10	$           23.00

Using the information above, calculate the following:

Converted Standard Quantity for Beef

*You will end up with 4 conversion factors. Remember, each menu item has it's own actual servings, so we have to divide those by the standardized to find CF.

Select one:

a. 22.5

b. 29.26

c. 60

d. 6.60

2)

Aday's Roadside Cafe has the following standardized information for its 4-item menu.

STANDARD SERVINGS = 30
Menu Item	Standard Quantity	Standard Price	CF
Chicken	15	$             1.40	1.5
Pork	22	$             1.60	1.33
Beef	30	$             2.00	2
Fish	11	$             2.50	0.6

Standard quantity is in lbs. Standard price is per lb.

During the last week, Aday determined the actual information for each menu item. They are listed below:

Menu Item	Actual Servings	AQU	Total Cost
Chicken	45	30	$           46.80
Pork	40	35	$           49.00
Beef	60	75	$         165.00
Fish	18	10	$           23.00

Using the information above, calculate the following:

Converted Standard Quantity for Fish

*You will end up with 4 conversion factors. Remember, each menu item has it's own actual servings, so we have to divide those by the standardized to find CF.

Select one:

a. 22.5

b. 29.26

c. 60

d. 6.60

3)

Aday's Roadside Cafe has the following standardized information for its 4-item menu.

STANDARD SERVINGS = 30
Menu Item	Standard Quantity	Standard Price	CF	CSQ
Chicken	15	$             1.40	1.5	22.50
Pork	22	$             1.60	1.33	29.26
Beef	30	$             2.00	2	60.00
Fish	11	$             2.50	0.6	6.60

Standard quantity is in lbs. Standard price is per lb.

During the last week, Aday determined the actual information for each menu item. They are listed below:

Menu Item	Actual Servings	AQU	Total Cost
Chicken	45	30	$           46.80
Pork	40	35	$           49.00
Beef	60	75	$         165.00
Fish	18	10	$           23.00

Using the information above, calculate the following:

Actual Price for Chicken

*You will end up with 4 conversion factors. Remember, each menu item has it's own actual servings, so we have to divide those by the standardized to find CF.

Select one:

a. 1.56

b. 1.4

c. 2.20

d. 2.30

Answer 1

1.

Item	Standard Quantity	Standard price ($)	Actual servings	AQU	Total cost	CF(Actual servings/standard servings)	Converted standard quantity=(standard qty x CF)
Chicken	15	1.4	45	30	46.8	1.5	22.5
Pork	22	1.6	40	35	49	1.333333333	29.33333333
Beef	30	2	60	75	165	2	60
Fish	11	2.5	18	10		0.6	6.6

So converted standard quantity for beef is 60.

2. Converted standard qty for fish is 6.6.

3. Actual price for chicken is Total cost/AQU= $46.8/30=$1.56.