Question
q1. Closing inventory on October 31, 2020 was $600. Purchases on November 1, 2020 were $120. If issues on November 1, 2020 totaled $400, what
q1. Closing inventory on October 31, 2020 was $600. Purchases on November 1, 2020 were $120. If issues on November 1, 2020 totaled $400, what was the closing book inventory on that day?
Q2.Actual food costs in November 2020 were $18,110.25, and the food sales were $50,028.50. If standard costs estimated for November were $16,749.75, what were the potential savings as a percentage from sales?
Q3.In Sunshine Restaurant, the popularity index for grilled fish is 20%. The sales volume forecast for next Tuesday is total 520 covers, so the forecast for grilled fish sales will be:
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