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A food division had beginning inventory of $5,000, purchases of $13,000 and ending inventory of $3,000. Determine the cost of goods available and cost of
A food division had beginning inventory of $5,000, purchases of $13,000 and ending inventory of $3,000. Determine the cost of goods available and cost of sales-food.
A food division reported cost of salesfood of $45,000. Employees meals cost $700, complimentary meals $100, and transfers in were received from the bar operation with a cost of $150. Determine the net cost of sales.
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