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Please provide answer by also showing work in excel 1. Following the format illustrated in Figure 9.2, use the following information to determine food cost,
Please provide answer by also showing work in excel
1. Following the format illustrated in Figure 9.2, use the following information to determine food cost, food sales, and food cost percent today and to date for the Circle Dinner for the first four days of May. Date Directs Stores 1-May 2-May 3-May 4-May $350.00 $250.00 $135.00 $75.00 $350.00 $175.00 $125.00 $135.00 Adjustments Added to Subtracted cost from cost $25.00 $10.00 $10.00 $20.00 Total Cost Today To Date Total Sales Today $1,400.00 $1,000.00 $1,000.00 $500.00 To Date Food Cost % Today To Date 2. Following the format illustrated in 9.2, use the following information to determine food cost, food sales, and food cost percent today and to date for the Magic Inn for the period September 1-6. Date Directs Stores 1-Sep 2-Sep 3-Sep 4-Sep 5-Sep 6-Sep $400.00 $150.00 $350.00 $200.00 $450.00 $50.00 $500.00 $325.00 $550.00 $400.00 $450.00 $290.00 Adjustments Added to Subtracted cost from cost $50.00 $60.00 $40.00 $10.00 Total Cost Today To Date Total Sales Today $2,550.00 $1,500.00 $2,850.00 $2,850.00 $3,325.00 $1,300.00 To Date Food Cost % Today To Date 3. Following the format illustrated in Figure 9.7, use the following information to determine food cost, food sales, and food cost percent today and to date, as well as book inventory balances for Ravel's Restaurant for the period November 1-5. The opening inventory balance for November 1 is $9,330. 11/1: 11/2: 11/3: 11/4: 11/5: Purchases: directs, $403; stores, $736 Issues: $591 Sales:$2,241 Purchases: directs, $261; stores, $108 Issues: $465 Sales:$2,121 Purchases: directs, $273; stores, $1,463 Issues: $24 Adjustments: cooking liqueur from bar, $33; Food to bar from kitchen,$24 Sales:$2,740 Purchases: directs, $521; stores, $281 Issues: $944 Sales:$4,063 Purchases: directs, $334; stores, $372 Issues: $1221 Adjustments: cooking liqueur from bar, $19; Food to bar from kitchen, $29 Sales:$4682 Adjustments Date 1-Nov 2-Nov 3-Nov 4-Nov 5-Nov Directs Stores Added Subtracted to cost from cost Total Cost Today To Date Total Sales Today To Date Food Cost % Today To Date Inventory Balance Purchases Issues Balance 4. Use the following information to determine the book value of the stores inventory on the morning of May 6. Date Store Purchases Stores Issues 5/1 5/2 5/3 5/4 5/5 $742.38 $397.49 $619.66 $273.16 $824.93 $621.80 $516.76 $472.51 $845.26 $725.77 Inventory $11,353.40 5. In each of the following cases, determine the book value of the closing inventory for the month of October. a. Opening inventory: Purchases: Issues: $3,748.00 $22,162.00 $21,477.00 b. Issues: Purchases: Opening Inventory: $44,227.60 $42,191.40 $15,308.70 c. Purchases Opening Inventory: Issues: $10,601.58 $4,219.66 $9,862.43 a Opening Inventory Purchases Issues Book Value b c 6. For each of the following examples, use the information given to find the book value of the closing inventory and the dollar difference between book and actual inventory for the month. a. Opening inventory: Purchases: Issues: Actual value of closing inventory: b. Purchases: Issues: Opening Inventory: Actual value of closing inventory: c. Issues: Opening Inventory: Purchases: Actual value of closing inventory: $400.00 $1,200.00 $900.00 $600.00 $6,327.00 $6,498.00 $2,184.00 $1,912.00 $12,395.62 $4,129.88 $11,623.71 $2,673.47 a Opening Inventory Purchases Issues Book Value Actual Value Difference b cStep by Step Solution
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