Question
At the Bristol Lounge, the opening inventory in the storeroom is $8,100.00 and the purchases for the month are $16,000.00.Closing inventory is $7,600.00.In the bar
At the Bristol Lounge, the opening inventory in the storeroom is $8,100.00 and the purchases for the month are $16,000.00.Closing inventory is $7,600.00.In the bar area opening inventory is $1,200.00 and closing inventory is $1,000.00.Sales for the month are $83,000.00.What is the liquor cost percentage for the Bristol Lounge?
3.Using the information in question 2, make the following adjustments and compute the adjusted liquor cost percentage.We had mixers transferred into the bar of $925.00, transferred out cooking wine of $132.00 and directs to the bar of $380.00.
5.The cost of Tito's Vodka in 1 liter bottles is 21.65.. Calculate the cost of a drink using 1.5 ounces of Stolichnaya and using a 22.5% cost percentage.
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