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?

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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