1. A very basic restaurant does not provide employee meals, use transfers, or permit steward sales. What is its food cost for a month that has no promotions or write-offs if the month’s opening inventory is valued at $3,310, its closing inventory is $4,170, and its purchases for the month are $9,722?

2. A purchaser can order frozen cream of asparagus soup from a purveyor. The purchased soup yields 12 servings and costs $25.90 per package. An employee, getting paid $9/hour (no benefits), can get the soup from frozen to ready-to-serve using only 10 minutes of her time and $1.75 worth of energy. What is the cost per portion for this cream of asparagus soup?