FSM TEST 4 FINAL EXAM QUESTIONS AND ANSWERS
What is the cost of goods sold if inventory on April 1st was $27,456, inventory on April 30th was
$20,556, and purchases totaled $23,890? - CORRECT ANSWER✅✅$30,790
A foodservice operation with a food cost of 40% has food costs that are equal to 40% of ________. -
CORRECT ANSWER✅✅revenue
A performance indicator within a hospital foodservice department is food cost per patient day. What is
the FC/PD if the beginning inventory was $6,780, purchases were $13,595, and the ending inventory was
$5,750? The average census for April was 148.6. - CORRECT ANSWER✅✅$3.28
Senior management requests foodservice to get control of costs. Sales= $33,500, Inventory on hand =
$17,800. Monthly building insurance is $2,240. Temporary staffing = $630.50 for December. Meals sold
in Dec. =2,985. Labor cost per meal=$1.09. Cost of napkins, plastic utensils for cafeteria = $185.75. What
are the fixed costs for December? - CORRECT ANSWER✅✅$2,240.50
How many FTE's will it take to staff 12 positions, 8 hours a day, 7 days a week? - CORRECT
ANSWER✅✅16.8
A school foodservice expects to serve 33,350 meals to students and an additional 7,500 meals to staff
and visitors during the month of December. It has been established that this foodservice produces 12
meals per hours of labor. Calculate the number of FTEs required to serve the expected number of meals
for the month of December. - CORRECT ANSWER✅✅20
In a hospital with 300 patients, it takes 14 minutes to prepare one meal. How many FTE's are needed for
one week? - CORRECT ANSWER✅✅36.75
How many FTE's are needed to cover the following schedule:
2 FT cooks/day, 7 days a week
1 FT salad prep/day, 7 days a week
1 FT dessert cook/day, 7 days a week
2 FT aides/day, 7 days a week
, 2 PT aides/ day, 7 days a week, 6 hours each - CORRECT ANSWER✅✅10.5
Gross profit/loss is determined by: - CORRECT ANSWER✅✅sales minus cost of goods sold
Refer to the information below from a long-term care facility for questions 10-13.
April May June
Ending Food Inventory $2319 $2831 $2462
Food Purchases $8126 $9037 $8496
Labor Costs $12,363 $11,974 $12,197
Supply Costs $512 $592 $551
Operating Costs $6282 $6791 $6547
Average Daily Census 119 121 123 - CORRECT ANSWER✅✅Check questions 1-13!
What is the value of the food used in June? - CORRECT ANSWER✅✅$8865
Calculate the average raw food cost per resident per day for the month of June. - CORRECT
ANSWER✅✅$2.40
Calculate the average total cost per resident per day for the month of June - CORRECT
ANSWER✅✅$7.63
What is the inventory turnover rate for January-March if inventory value was $2,756 in January, $3,750
in February, and $1800 in March? The value of goods sold was $3,756 in January, $4,250 in February,
and $4,560 in March. - CORRECT ANSWER✅✅4.5
Given the following information, what is the inventory turnover rate if Beginning Inventory was
$4123.00, Ending Inventory is $2,222.60 and Food Cost was $15,900.00? - CORRECT ANSWER✅✅5
What is the cost of goods sold if inventory on April 1st was $27,456, inventory on April 30th was
$20,556, and purchases totaled $23,890? - CORRECT ANSWER✅✅$30,790
A foodservice operation with a food cost of 40% has food costs that are equal to 40% of ________. -
CORRECT ANSWER✅✅revenue
A performance indicator within a hospital foodservice department is food cost per patient day. What is
the FC/PD if the beginning inventory was $6,780, purchases were $13,595, and the ending inventory was
$5,750? The average census for April was 148.6. - CORRECT ANSWER✅✅$3.28
Senior management requests foodservice to get control of costs. Sales= $33,500, Inventory on hand =
$17,800. Monthly building insurance is $2,240. Temporary staffing = $630.50 for December. Meals sold
in Dec. =2,985. Labor cost per meal=$1.09. Cost of napkins, plastic utensils for cafeteria = $185.75. What
are the fixed costs for December? - CORRECT ANSWER✅✅$2,240.50
How many FTE's will it take to staff 12 positions, 8 hours a day, 7 days a week? - CORRECT
ANSWER✅✅16.8
A school foodservice expects to serve 33,350 meals to students and an additional 7,500 meals to staff
and visitors during the month of December. It has been established that this foodservice produces 12
meals per hours of labor. Calculate the number of FTEs required to serve the expected number of meals
for the month of December. - CORRECT ANSWER✅✅20
In a hospital with 300 patients, it takes 14 minutes to prepare one meal. How many FTE's are needed for
one week? - CORRECT ANSWER✅✅36.75
How many FTE's are needed to cover the following schedule:
2 FT cooks/day, 7 days a week
1 FT salad prep/day, 7 days a week
1 FT dessert cook/day, 7 days a week
2 FT aides/day, 7 days a week
, 2 PT aides/ day, 7 days a week, 6 hours each - CORRECT ANSWER✅✅10.5
Gross profit/loss is determined by: - CORRECT ANSWER✅✅sales minus cost of goods sold
Refer to the information below from a long-term care facility for questions 10-13.
April May June
Ending Food Inventory $2319 $2831 $2462
Food Purchases $8126 $9037 $8496
Labor Costs $12,363 $11,974 $12,197
Supply Costs $512 $592 $551
Operating Costs $6282 $6791 $6547
Average Daily Census 119 121 123 - CORRECT ANSWER✅✅Check questions 1-13!
What is the value of the food used in June? - CORRECT ANSWER✅✅$8865
Calculate the average raw food cost per resident per day for the month of June. - CORRECT
ANSWER✅✅$2.40
Calculate the average total cost per resident per day for the month of June - CORRECT
ANSWER✅✅$7.63
What is the inventory turnover rate for January-March if inventory value was $2,756 in January, $3,750
in February, and $1800 in March? The value of goods sold was $3,756 in January, $4,250 in February,
and $4,560 in March. - CORRECT ANSWER✅✅4.5
Given the following information, what is the inventory turnover rate if Beginning Inventory was
$4123.00, Ending Inventory is $2,222.60 and Food Cost was $15,900.00? - CORRECT ANSWER✅✅5
