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If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must you do to correct the problem?
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If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must you do to correct the problem?

User Delma
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1 Answer

3 votes

Answer:

Investigate the production costs incurred and the mix and yield of the product

Step-by-step explanation:

The Variance lies in the Price/Cost and Usage. Therefore to correct the problem, Investigate the production costs incurred and the mix and yield of the product.

User Erik
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