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Unformatted text preview: not a once and done event! The purpose is to analyze the information and learn from it. B. There is a timely nature to the data. Collecting and reporting the data in-house has its merit. C. Go after the key points ; think of the cost involved in collecting the data. D. You must do something with the data. Tools for Control Statement of Income and Expense pg.618 Table 19.2 Balance Sheet p. 615 Table 19.1 Uniform system of Accounts for Restaurants Pre-Cost = Standard Cost (determined ahead of time) o Use standardized recipes, standardized portions, yields, cost per portion, = selling price. Post-Cost = historical cost (what went wrong?) Scheduling $ (vs. Payroll Cost and Sales) Proposed Budgets; Refer to Table 19.2 Pg. 618 1. Controllable Expenses: a. Music & Entertainment b. Advertising and Promotion...
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- Fall '08