E2.12 A food division reported cost of sales-food of $198,680. Employees' meals cost $1,225, complimentary meals $142, and transfers in were received from the bar operation with a cost of $82. Determine the net cost of sales. E2.13 Assume that a food division reported sales revenue of $337,218 and the bar-lounge reported sales revenue of $206,682. Indirect costs (IC) of $52,400 are to be allocated to each division on the basis of sales revenue. [Food: Food sales / Total sales = Food %] [Bar: Bar sales /Total sales = Bar%]

E2.12 A food division reported cost of sales-food of $198,680. Employees' meals cost $1,225, complimentary meals $142, and transfers in were received from the bar operation with a cost of $82. Determine the net cost of sales. E2.13 Assume that a food division reported sales revenue of $337,218 and the bar-lounge reported sales revenue of $206,682. Indirect costs (IC) of $52,400 are to be allocated to each division on the basis of sales revenue. [Food: Food sales / Total sales = Food \%] [Bar: Bar sales / Total sales = Bar % ]