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#7 Food Group Beginning Inventory 10/1 Purchases (October) Ending Inventory 10/31 Cost Meat $28,112 $30,161 $27,077 $31,196 Dairy S12,260 $18,300 $15, 560 $15,000 Baked Goods
#7
Food Group | Beginning Inventory 10/1 | Purchases (October) | Ending Inventory 10/31 | Cost |
Meat | $28,112 | $30,161 | $27,077 | $31,196 |
Dairy | S12,260 | $18,300 | $15, 560 | $15,000 |
Baked Goods | --- | $14,000 | --- | |
Produce | $8,269 | $11,624 | $8,069 | $11,824 |
Dry goods | $25,810 | 419,962 | $25,772 | $19,000 |
Totals | $74,451 | $94,047 | $76,478
| $77,020 |
8. Using data from #7, what was the cost/meal for this foodservice if they served 16,000 meals in October?
9. Using data from #7, calculate the inventory turnover rate for meat, dry goods, and total inventory.
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