UESTIONS AND PROBLEMS 1. Given the following information, determine beverage cost in each of the three bars: Storeroom Inventory Data Art's Ben's Carol's Opening Inventory Purchases Closing Inventory $ 8,000 10,666 7,454 $5,000 8,325 4,872 $7,000 9,327 3,856 Bar Data Art's Ben's Carol's Opening Inventory $1,000 2,325 1,867 Closing Inventory $1,000 2,050 1,988 2. Using the costs determined in Question 1, calculate beverage cost per- cent if: a. The sales figure in Art's is $20,000. b. The sales figure in Ben's is $41,412.50. c. The sales figure in Carol's is $29,817.85. 3. Using the figures from Questions 1 and 2, as well as the following adjustments, calculate adjusted cost of beverages sold, following the