Question
5. Calculate the net food cost percentage for the Food department of a hotel for the month of May. The total food sales revenue for
5. Calculate the net food cost percentage for the Food department of a hotel for the month of May. The total food sales revenue for May was $191,118. The following information has been gathered:
- beginning inventory on May 1st was $6,932
- purchases in May totaled $12,883
- food transferred from main storeroom was $61,315
- food transferred to other outlet was $114
- entertainment and promotion checks totaled $2,010
- management signed checks were $691
- documented food spoilage was $139
- food for employee meals was $5,795
- happy hour hors doeuvres was $2,040
- ending inventory on May 31st was $6,318
To earn full credit, please calculate these amounts. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
First calculate gross cost of food sales $___
6 . Please use the information from Question 5 to calculate the amount to transfer from mail storeroom. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Transfer from mail storeroom $___
2. Please use the information from Question 5 to calculate the amount to transfer to the other outlet. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Transfer to other outlet $___
3. Please use the information from Question 5 to calculate the amount in entertainment and promotion checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Entertainment & promotion checks $___
4.Please use the information from Question 5 to calculate the amount in management signed checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Management signed checks $___
5.Please use the information from Question 5 to calculate the amount of food spoilage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Food spoilage $ ___
6. Please use the information from Question 5 to calculate the amount in Employees' meals. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Employees' meals $___
7.Please use the information from Question 5 to calculate the amount in happy hour hors d'oeuvres. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Happy hour hors d'oeuvres $ ___
8. Please use the information from Question 5 to calculate the amount in net cost of food sales. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Net cost of food sales $___
9.Please use the information from Question 5 to calculate the amount in food cost percentage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Food cost percentage (round to two decimal points) ___%
10.A 345-room hotels food and beverage department recorded food revenue of $3,460,397.5 and beverage revenue of $1,483,027.5. The cost of sales was 27.3% of F & B revenue, and the departmental expenses were 43.2% of F & B revenue. What is the gross profit percentage for the hotels F&B department?
Gross profit percentage for the hotel's F&B department (round to one decimal point) ___%.
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