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The following data is for the month of June 2020 for the Fairbanks Hotel: Beginning Inventory $ 28,300 Purchases 16,200 Ending Inventory 29,500 Employee Meals
The following data is for the month of June 2020 for the Fairbanks Hotel:
Beginning Inventory $ 28,300
Purchases 16,200
Ending Inventory 29,500
Employee Meals Rooms Department 300
Employee Meals Food & Beverage Department 500
REQUIRED
Calculate the cost of food used and the cost of food sold for the Fairbanks Hotel for the month of June.
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