Question
Determine the food cost percentage with the information given below. Local Bistro Income statement As at jun 30 2020 Sales Food.125,890 Beverage.38,338 Total sales.- Cost
Determine the food cost percentage with the information given below.
Local Bistro
Income statement
As at jun 30 2020
Sales
Food.125,890
Beverage.38,338
Total sales.-
Cost of sales
Food.43,003
Beverage.25,639
Total cost of sales.-
Gross profit.-
Answer-
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
