Dee's Steak House has separate food and bar operations. Calculate food cost of sales and net...
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Dee's Steak House has separate food and bar operations. Calculate food cost of sales and net food cost of sales for August. The following infor- mation is provided: Food inventory, August 1 Food inventory, August 31 Food purchases, August Employee meals cost Transfers, kitchen to the bar Transfers, bar to the kitchen Promotional meals cost Complimentary meals cost $14,753 12,811 48,798 1,208 107 48 278 132 Dee's Steak House has separate food and bar operations. Calculate food cost of sales and net food cost of sales for August. The following infor- mation is provided: Food inventory, August 1 Food inventory, August 31 Food purchases, August Employee meals cost Transfers, kitchen to the bar Transfers, bar to the kitchen Promotional meals cost Complimentary meals cost $14,753 12,811 48,798 1,208 107 48 278 132
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To calculate the food cost of sales and net food cost of sales for August we need to consider the ch... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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