Question
Dear Teacher, please help me answer these question in the easiest way possible please.And please give me in a clear version each formula of each
Dear Teacher,
please help me answer these question in the easiest way possible please.And please give me in a clear version each formula of each calculation.please
subject-(cost control)
Beer is purchased in crate of 24 bottles at POOL BAR
DATE | RECIEPTS | ISSUES | BALANCE | ||||||
QTY | PRICE | VALUE | QTY | PRICE | VALUE | QTY | PRICE | VALUE | |
01-May | 360 | 45 | 16200 | 360 | 45 | 16200 | |||
02-May | 120 | 45 | 5400 | 360 | 45 | 16200 | |||
120 | 45 | 5400 | |||||||
03-May | 250 | 45 | 11250 | 110 | 45 | 4950 | |||
120 | 45 | 5400 | |||||||
08-May | 100 | 45 | 4500 | 10 | 45 | 450 | |||
120 | 45 | 5400 | |||||||
12-May | 120 | 45 | 5400 | 10 | 45 | 450 | |||
120 | 45 | 5400 | |||||||
120 | 45 | 5400 | |||||||
15-May | 360 | 48 | 17280 | 10 | 45 | 450 | 30 | 45 | 1350 |
120 | 45 | 5400 | 360 | 48 | 17280 | ||||
90 | 45 | 4050 | |||||||
16-May | 30 | 45 | 1350 | 240 | 48 | 11520 | |||
120 | 48 | 5760 | |||||||
17-May | 120 | 48 | 5760 | 120 | 48 | 5760 | |||
25-May | 180 | 50 | 9000 | 120 | 48 | 5760 | |||
180 | 50 | 9000 | |||||||
28-May | 120 | 48 | 5760 | 60 | 50 | 3000 | |||
120 | 50 | 6000 |
2.Using the information given Calculate the net profit obtained after all expenses have been met.
3.The value of the closing stock of raw materials as on 28th July 2020 was estimated to be Rs 225,500.In order to cater to the needs of the restaurant,daily direct purchases are done for all perishables,which amounted to Rs 865,000 value for store issues were Rs 270,500.The value of the closing stock for the month of June was Rs 145,950.
Sales promotion that occurred during the month,for twitch no cash sales were generated,amounted to Rs 115,500.Various preparations make use of alcohol and transfers from bar to kitchen were as follows:
LIQUOR | QTY PER BOTTLE IN CL | PRICE PER BOTTLE | USAGE IN CL |
ORANGE LIQUOR | 70 | RS 2250 | 12 |
The staff meals for the production department for the month were as follows:
300 Lunches at Rs 70 EACH
280 Dinners at Rs 70 EACH,The total revenue generated by the outlet was 2,298,500,calculate food cost.
4.Calculate the food cost percentage
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