Question
The sales for January 21 in the ZZZZ Restaurant were $9,125.00 for the food service and $8,265.00 in the bar. The food cost was
The sales for January 21 in the ZZZZ Restaurant were $9,125.00 for the food service and $8,265.00 in the bar. The food cost was $3,656.25, and the bar cost was $1,553.00. The cost of the food that was sent from the kitchen to the bar was $725.00. The cost of the alcoholic beverages that were sent from the bar to the kitchen was $263.50. Without calculating transfers, what is the food cost percentage? Without calculating transfers, what is the beverage cost percentage? What is the food cost percentage, calculating transfers? What is the beverage cost percentage, calculating transfers?
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
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