MDP Short P & L - Level 2
- 1.The short P&L is a consolidated report that shows trending and measurable information that helps us understand our successes and failures of our business.
- A.
True
- B.
False
- 2.What is the targeted inventory percentage for each store?
- A.
17%-21%
- B.
19%-23%
- C.
18%-22%
- 3.A Declining Checkbook should be used to run a sucessful total operating expense.
- A.
True
- B.
False
- 4.What 3 things make up your prime costs?
- A.
Food cost
- B.
Beverage cost
- C.
Occupancy cost
- D.
Guest cost
- E.
Labor cost
- 5.What are the four revenue centers in beverage revenue?
- A.
Tap beer
- B.
Bottled beer
- C.
NA beverage
- D.
Liquor
- E.
Wine
- 6.Labor trackers is a tool used to successfully manage labor.
- A.
True
- B.
False
- 7.IROP is occupancy costs - IBO
- A.
True
- B.
False
- 8.M&R Log is a tool we use to help control our M&R cost.
- A.
True
- B.
False
- 9.What is the targeted food purchasing percentage?
- A.
28%
- B.
28.5%
- C.
29%
- 10.The formula for calculating beverage cost is: beginning inventory + ending inventory - beverage sales
- A.
True
- B.
False
- 11.Add on's and upselling is the best way to increase your PPA.
- A.
True
- B.
False
- 12.What 2 types of waste are on the beer waste report?
- A.
Tap waste and bottle beer waste
- B.
Tap waste and production waste
- C.
Brewery waste and tap waste
- 13.The formula for food cost is: beginning inventory + purchases - ending inventory / sales
- A.
True
- B.
False
- 14.Time in Motion is designed to increase productivity?
- A.
True
- B.
False
- 15.What is calculated in SPLH?
- A.
AMP
- B.
Training
- C.
Manager
- 16.What group of sales do you use to calculate productivity in the BOH?
- A.
Total sales
- B.
Total food sales
- C.
Total food sales - NA bev
- 17.Which tab or tabs can you find turnover information?
- A.
Execution Stats
- B.
Prime Costs
- C.
Theoretical Costs
- 18.When should your brunch tracker be completed and turned in?
- A.
Every Sunday
- B.
Every Monday
- C.
Every Saturday
- 19.What tools make up the Guest Value percentages on the guest value tab of the short P&L?
- A.
Quarterly shop scores
- B.
Marketing report
- C.
Quarterly guest survey scores
- D.
Total operating tab
- 20.What reason would you do a paid out for office supplies?
- A.
If you run out of necessary supplies.
- B.
If your order has not come in on time
- C.
You wouldn't because you should order them online through our purveyor
- 21.We want to avoid paid outs to ensure consistency and cost.
- A.
True
- B.
False
- 22.Where do we track kids promotions?
- A.
Weekly promotions tab
- B.
Marketing report and marketing tab
- C.
Food cost tab
- 23.What day do you start running daily OT reports?
- A.
Monday
- B.
Thursday
- C.
Friday
- D.
Everyday
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