E2.12 A food division reported cost of salesfood of $48,280. Employees meals cost $800, complimentary meals $80,
Question:
E2.12 A food division reported cost of sales—food of $48,280. Employees meals cost $800, complimentary meals $80, and transfers in were received from the bar operation with a cost of $120. Determine the net cost of sales.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
2+ Reviews
10+ Question Solved
Related Book For 
Hospitality Management Accounting
ISBN: 9780471483533
8th Edition
Authors: Michael M. Coltman, Martin G. Jagels
Question Posted:
