cash receipts of $2,149.83 from business on January 31, 20XL, WUit upuu This cash was recorded as sales during January 20X2. Required: Prepare the Hiatt Hotel's bank reconciliation for January 20X2. Problem 10 The Terica Caf uses a standard cost approach to aid in controlling its food costs. Listed below are the sales price, standard food cost, and quantity sold for its five sandwiches for the week ended August 28. Standard Selling Food Quantity Price Cost Sold Item Pork Barrel $4.95 50 $1.60 Chicken Breast 4.45 1.40 3.95 0.95 150 Burger Delighted 4.95 1.70 80 Ocean Catch 40 Egg Salad 2.95 100 0.45 626 Chapter 12 The actual sales for the week equaled $1,799.00 while the total actual food costs equaled $547.00. Required: 1. Calculate the standard food cost percentage based on the information above. 2. Calculate the standard food cost percentage assuming 100 of each item is sold during a week 3. Calculate the actual food cost percentage for the week. Problem 11 The Buckeye Motel's books indicated that the general checking account at the end of December 20X1 contained $6,523.34. The bank statement at December 31, 20X1, showed a closing balance of $7,432. Additional information includes: 1. Last month's bank reconciliation showed five outstanding checks: Check 8923 $ 100.10 Check 8936 $ 248.15 Check 8944 $ 194.21 Check 8945 $ 648.49