1. Given the following informaion, determine beverage cost in each of the three bars:
		Storeroom Inventory Data
	Opening Inventory		Purchases		Closing Inventory
Art's	$ 5,000		$ 8,000		$ 7,000
Ben's	8,325		10,666		9,327
Carol's	4,872		7,454		3,856
		Bar Data
	Opening Inventory		Closing Inventory
Art's	$ 1,000		$1,000
Ben's	2,325		2,050
Carol's	1,867		1,988
Art's Beverage Cost:
Ben's Beverage Cost:
Carol's Beverage Cost:
2. Using the costs determined in Question 1, calculate beverage cost percent if
a. The sales figure in Art's is $20,000.
b. The sales figure in Ben's is $41,412.50.
c. The sales figure in Carol's is $29,817.85.
3. Using the figure from Questions 1 and 2, as well as the following adjustments,
calculate adjusted cost of beverages sold, following the format provided in Figure 16.1,
and then calculate beverage cost percent based on adjusted costs.
Art's
Food to bar (difercts)			$ 200
Issues from food storeroom			150
Mixers			475
Cooking liquor			110
Managers' drinks			120
Special promotions			160
Ben's
Mixers			$ 925
Food to bar (directs)			500
Cooking liquor			335
Special promotions			320
Carol's
Issues from food sotreroom			$ 235
Special promotions			$ 285
Managers' drinks			165
Mixers			695
Cooking liquor			185