Jack Stills operates the Spartan Restaurant. He is taking the end-of-month inventory in the restaurant's bar....

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Jack Stills operates the Spartan Restaurant. He is taking the end-of-month inventory in the restaurant's bar. When calculating the value of his spirits, he uses the "tenths" method of estimating product value. He has accounted for all of the spirits product held in his liquor storage area and is now calculating the value of his "behind the bar inventory. He has completed this process for all of the products he serves except gin. Help him arrive at the ending inventory value for gin by completing the following portion of his Spirits inventory value sheet. Product Seagram's Well Gin Bombay Bombay Sapphire Tanqueray Tanqueray Ten Tanqueray Rangpur Gordon's White Satin Total Value Cost Per 750 ml Bottle $11.50 $7.50 $17.50 $19.50 $16.50 $19.00 $21.00 $6.00 $22.50 Amount on Hand (750 ml) 3.3 4.6 5.1 2.0 1.0 1.7 2.3 1.5 0.8 Product Value Jack Stills operates the Spartan Restaurant. He is taking the end-of-month inventory in the restaurant's bar. When calculating the value of his spirits, he uses the "tenths" method of estimating product value. He has accounted for all of the spirits product held in his liquor storage area and is now calculating the value of his "behind the bar inventory. He has completed this process for all of the products he serves except gin. Help him arrive at the ending inventory value for gin by completing the following portion of his Spirits inventory value sheet. Product Seagram's Well Gin Bombay Bombay Sapphire Tanqueray Tanqueray Ten Tanqueray Rangpur Gordon's White Satin Total Value Cost Per 750 ml Bottle $11.50 $7.50 $17.50 $19.50 $16.50 $19.00 $21.00 $6.00 $22.50 Amount on Hand (750 ml) 3.3 4.6 5.1 2.0 1.0 1.7 2.3 1.5 0.8 Product Value

Answer rating: 100% (QA)

Product Value Cost per 750 ml bottle x Amount on Hand Product Value Se... View the full answer