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4. Calculate: (a) usage variance and (b) cost variance for one week of bar operations. Ingredient: Gin Hendricks's Menu price: $12 per drink Bottle size:

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4. Calculate: (a) usage variance and (b) cost variance for one week of bar operations. Ingredient: Gin Hendricks's Menu price: $12 per drink Bottle size: 750 ml Opening inventory: 3 bottles Closing Inventory: 1 bottle Bottle cost: $33.30 Drink size: 1 % oz. Number of drink sold: 28

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