The Food and Beverage department at the Fox Hills Country Club is an important part of the Clubs overall profit structure. February food sales were $310,450 and beverage sales were $49,875. Because they represent such significant costs, Frankie Watson, the Clubs Food and Beverage Director, keeps a careful watch on her food and beverage cost percentages. Using the following information for February that Frankie has recorded, help her calculate the answers to the questions that follow.Given:

Beginning Food Inventory	$ 5,410
Food Purchases	$72,385
Ending Inventory	$ 5,772
Transfers Out of Kitchen	$922
Transfers Into Kitchen	$ 1,346
Employee Meals	$ 1,622

Calculate the following:

Beginning Inventory
Purchases
Food Available for Sale
Ending Inventory
Cost of Food Consumed
Transfers Out
Transfers In
Employee Meals
Cost of Food Sold
Food Sales
Food Cost %

Given:

Beginning Beverage Inventory	$ 1,099
Beverage Purchases	$12,588
Ending Beverage Inventory	$ 1,244
Transfers Out of Bar	$ 1,346
Transfers Into Bar	$922

Calculate the following:

Beginning Inventory
Purchases
Beverage Available for Sale
Ending Inventory
Transfers Out
Transfers In
Cost of Beverage Sold

Beverage Sales
Beverage Cost %

• a.What was the amount of Frankies Cost of Food Consumed in the month of February?
• b.What was the amount of Frankies Cost of Food Sold in the month of February?
• c.What was Frankies Food Cost % in the month of February?
• d.What was the amount of Frankies Cost of Beverage Sold in the month of February?
• e.What was Frankies Beverage Cost % in the month of February?