Define Prime Cost: Dictionary-Style Guide for Rest..

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Define Prime Cost: Dictionary-Style Guide for Restaurant Finance | #define prime cost

Define Prime Cost: Dictionary-Style Guide for Restaurant Finance

To define prime cost precisely, state that it equals the sum of cost of goods sold and direct labor cost attributable to producing restaurant sales during a reporting period, divided by gross sales for that same period, expressed as a percentage. COGS includes food, beverage, and related p

Define Prime Cost: Dictionary-Style Guide for Restaurant Finance

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