1. Explain the value of having a sales history available when attempting to create a restaurant sales forecast. Minimum words to answer: 1 sentence. Maximum words to answer: 100 words. 2. Given the following figures from the monthly financial record of a small restaurant chain in Vancouver, determine the 1) cost of food issued, 2) cost of food consumed and 3) cost of food sold based the following data. (Each sub-question will be .33 in grades): Cooking liquor Steward sales Purchases Food to bar Gratis to bar Closing inventory Opening inventory Employees' meals: $210.50 27.58 12,339.42 201.38 267.50 4,278.37 4,031.19 328 lunches a $0.65 each and 449 dinners @ $0.95 ea