Barry Stiller is the assistant manager of the Pine Tree Grill. The Pine Tree is

one food outlet located at the Great Bear Water Park and Resort. Each Sunday morning he is required to submit the dollar value of his inventory to his

Food and Beverage Director. This data form the basis for the F&B department's

cost of food sold for the previous week. The Food and Beverage Director has

given Barry a weekly food cost percent goal of 28 percent. She has promised

Barry a monthly bonus if he can stay at or under his food cost percent goal.

Complete Barry's Inventory Valuation Sheet below and calculate his food cost

percent.

Transcribed Image Text:

Inventory Valuation Sheet Unit Name: Pine Tree Grill Counted By: Barry Stiller Inventory Date: Sunday 3/8 Extended By: Barry Stiller Item Item Inventory Item Unit Amount Value Value Rib Eye Steaks (10 oz.) units 44 $8.50 Rib Eye Steaks (16 oz.) units 34 $11.50 New York Strip Steak lb 28 $ 7.75 Corned Beef lb 22.5 $ 8.25 Rib Roast lb 60 $ 6.75 Hamburger lb 15 $ 2.75 Chicken Breasts lb 53 $ 2.50 Sausage Links pound 25.5 $ 2.40 Bacon case 3.5 $62.00 Beef Base jar 17 $ 8.00 Tomatoes (4x5) case 2 $25.00 Bananas case 3 $15.00 Oranges case 2.5 $30.00 Lemons case 2 $28.00 Lettuce case 3.5 $26.30 Bread unit 7 $ 2.50 Rice bags 4 $12.00 Total Inventory Valuation Sheet Unit Name: Pine Tree Grill Counted By: Barry Stiller Inventory Date: Sunday 3/8 Extended By: Barry Stiller Item Item Inventory Item Unit Amount Value Value Rib Eye Steaks (10 oz.) units 44 $8.50 Rib Eye Steaks (16 oz.) units 34 $11.50 New York Strip Steak lb 28 $ 7.75 Corned Beef lb 22.5 $ 8.25 Rib Roast lb 60 $ 6.75 Hamburger lb 15 $ 2.75 Chicken Breasts lb 53 $ 2.50 Sausage Links pound 25.5 $ 2.40 Bacon case 3.5 $62.00 Beef Base jar 17 $ 8.00 Tomatoes (4x5) case 2 $25.00 Bananas case 3 $15.00 Oranges case 2.5 $30.00 Lemons case 2 $28.00 Lettuce case 3.5 $26.30 Bread unit 7 $ 2.50 Rice bags 4 $12.00 Total