Question: Could you solve number 3? Storeroom Inventory Data Opening Inventory Purchases Closing Inventory Art's $5,000.00 $8,000.00 $7,000.00 Ben's 8,325 10,666 9,327 Carol's 4,872 7,454 3,856
Could you solve number 3?
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| Storeroom Inventory Data | |||||
| Opening Inventory | Purchases | Closing Inventory | ||||
| Art's | $5,000.00 | $8,000.00 | $7,000.00 | |||
| Ben's | 8,325 | 10,666 | 9,327 | |||
| Carol's | 4,872 | 7,454 | 3,856 | |||
| Bar Data | ||||||
| Opening Inventory | Closing Inventory | |||||
| Art's | 1,000 | $1,000.00 | ||||
| Ben's | 2,325 | 2,050 | ||||
| Carol's | 1,867 | 1,988 | ||||
| Art's Beverage Cost: | $6,000.00 | |||||
| Ben's Beverage Cost: | 9,939 | |||||
| Carol's Beverage Cost: | 8,349 | |||||
| 2. Using the costs determined in Question 1, calculate beverage cost percent if | ||||||
| a. The sales figure in Art's is $20,000. | 30% | |||||
| b. The sales figure in Ben's is $41,412.50. | 24% | |||||
| c. The sales figure in Carol's is $29,817.85. | 28% | |||||
| 3. Using the figure from Questions 1 and 2, as well as the following adjustments, | ||||||
| calculate adjusted cost of beverages sold, following the format provided in Figure 16.1, | ||||||
| and then calculate beverage cost percent based on adjusted costs. | ||||||
| Art's | ||||||
| Food to bar (difercts) | $200.00 | |||||
| Issues from food storeroom | 150 | |||||
| Mixers | 475 | |||||
| Cooking liquor | 110 | |||||
| Managers' drinks | 120 | |||||
| Special promotions | 160 | |||||
| Ben's | ||||||
| Mixers | $925.00 | |||||
| Food to bar (directs) | 500 | |||||
| Cooking liquor | 335 | |||||
| Special promotions | 320 | |||||
| Carol's | ||||||
| Issues from food sotreroom | $235.00 | |||||
| Special promotions | $285.00 | |||||
| Managers' drinks | 165 | |||||
| Mixers | 695 | |||||
| Cooking liquor | 185 | |||||
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