A restaurant has provided the following information regarding its food inventories for the month of March. a.

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A restaurant has provided the following information regarding its food inventories for the month of March. image text in transcribed

a. Calculate the food inventory turnover for the month.

b. Calculate the days of inventory available for the month of March.

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Hospitality Management Accounting

ISBN: 9780471092223

8th Edition

Authors: Martin G Jagels, Michael M Coltman

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Question Posted: Jun 28, 2024 10:08 AM

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A restaurant has provided the following information regarding its food inventories for the month of March. a.

Question:

Beginning food inventories Purchases during the current month Ending food inventories, current month $18,300 72,600 12,200

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Hospitality Management Accounting

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