P2.3 Dee’s Steak House has separate food and bar operations. Calculate food cost of sales and net food cost of sales for August. The following information is provided:

Food inventory, August 1 $14,753 Food inventory, August 31 12,811 Food purchases, August 48,798 Employee meals cost 1,208 Transfers, kitchen to the bar 107 Transfers, bar to the kitchen 48 Promotional meals cost 278 Complimentary meals cost 132