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A B C D E F G NAME #1 Please Determine Net Cost of Sales and Food Cost June Sales Revenue $479,201 Beginning inventory 6/1
A B C D E F G NAME #1 Please Determine Net Cost of Sales and Food Cost June Sales Revenue $479,201 Beginning inventory 6/1 25,172 Purchases 6/6 22,176 Purchases 6/13 27,981 Purchases 6/18 24,176 Purchases 6/20 23,981 Purchases 6/27 31,902 Goods Available Ending inventory 6/30 25,916 Cost of Sales Transfers from Bar $ 819 Subtotal Employee meals 4,716 Promotional meals 369 Complimentary meals 115 Transfers to bar 2,719 Net Cost of Sales Food Cost #2 please calculate Contributory Income, Allocate Indirect Expenses and Calculate Department Income for each department Dining Room Banquet Room Ser. Bar Square Feet 10,500 41,000 700 15,000 Sales Revenue 398,152 421,763 41,872 81,921 Cost of Sales 146,723 170,973 16,382 19,891 Gross margin Wages 162,991 145,093 14,772 24,952 Other direct costs 35,691 25,791 5,521 8,429 Contributory Inc. Admin 27,198 Marketing 24,871 Utilities 19,882 Prop Oper 42,019 Depreciation 22,000 Insurance 12,500 TOTAL EXPENSES DEPARTMENT INCOME
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