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Celebrations International needs assistance in computing their costs of food sold for the month. The following table provides details for the month of March. They
Celebrations International needs assistance in computing their costs of food sold for the month. The following table provides details for the month of March. They support MarchMadness events so employees work 12 hour shifts and therefore are provided two meals. Review the table below and compute for the requested responses. All answers MUST include a "$" sign. Dollar amounts with zero cents should be written as $1,000.00. Also use commas for amounts $1,000.00 or more (do not include space behind the comma). If you do not follow these instructions your answer will be marked incorrect. Inventory on February 28 $57,269.49 March Purchases: Meats $20,656.00 Dairy $11,438.00 Fruits and Vegetables $14,793.00 All other goods $37,456.00 Number of employees eating 1,150 monthly Cost per employee meal $2.75 Inventory on March 31 $49,472.65 Purchases - Goods available for sale = Cost of Food Consumed = Employee meals for the month = Cost of food sold
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