1 Use open shelving and do not cover food with foil. 2  Checks foods in multiple locations throughout a cold storage area; temperature may not be uniform.  For ready-to-eat foods prepared on-site, label and comply with storage time standards (seven days maximum for food held at 41Âº F or below).
A sunk cost is a cost that an entity has incurred, and which it can no longer recover by any means. Sunk costs should not be considered when making the decision to continue investing in an ongoing project, since you cannot recover the cost. However, many managers continue investing in projects because of the sheer size of the amounts already invested in the past.
Only these costs that are avoidable are relevant and the others should be ignored. A sunk cost is still a sunk cost regardless of whether it is traced directly to a particular segment on an activity basis, allocated to all segments on the basis of labor-hours, or treated in some other way in the costing process. special order is a one-time order that is not considered part of the company's normal ongoing business. In general, a special order is profitable if the incremental revenue from the special order exceeds the incremental costs of the order.