Question
A.Calculate inventory turnover Opening inventory = 3,287.40 Closing inventory = 3,322.60 Cost of food sold = 13,220 Pls help me to calculate inventory turnover and
A.Calculate inventory turnover
Opening inventory = 3,287.40
Closing inventory = 3,322.60
Cost of food sold = 13,220
Pls help me to calculate inventory turnover and show me the formula
B. Cost of food sold
Pls help me to calculate cost of food sold and show me the formula
Cooking Liquor= 210.50
Steward sales= 27.58
Purchases= 12339.42
Food to bar (direct)=201.38
Gratis to bar=267.50
Closing inventory=4278.37
Opening inventory= 4031.19
Employees"s meals: 328 l..s@0.65 each 449 d..s@0.95 each
C. Total of food issues
Opening ineventory= 1500
Purchases=4600
Clossing inventory=1722
Pls help me to count total of food issues
D. Cost of food consumed
Opening inventory= 6622.40
Transfer from other units =47.35
Cooking liquor=253.65
Purchases= 24182.55
Closing inventory= 6719.30
Trasfers to other units= 347.60
Food to bar (direct) 337.40
Gratis to bar= 177.35
Pls help me calculate cost of food consumed and show me the formula
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started