A restaurant provides the following regarding food inventories for the month of March. a. Calculate the food

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A restaurant provides the following regarding 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.LO1

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:02 AM

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A restaurant provides the following regarding food inventories for the month of March. a. Calculate the food

Question:

Beginning food inventories $14,800 Purchases during the current month 74,200 Ending food inventories, current month 12,700

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Hospitality Management Accounting

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