1.

The following information is from Riegal's Really Royal Bar & Grill & Sushi Palace.

1. Bar Opening inventory is $ 105,900. Purchases for the month totaled $52,500. Closing inventory was $64,725. Sales for the month totaled $417,245. Calculate the net cost of beverage consumed and the beverage cost percentage. Show your work and label your answers!

2.

The popularity index for drinks at Riegal's Royal Bar & Tatoo Parlor are as follows:

Bloody Mary 15%

Gin & Tonic 30%

Alabama Slammer 25%

Mojito 30%

If the bar expects 3250 guests, how many of each beverage should they expect to serve? (round up to the nearest whole drink). Show your work!

1. Bloody Mary _____________drinks

2. Gin & Tonic ________________drinks

3. Alabama Slammer ____________ drinks

4. Mojito __________________drinks

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