What is the percentage variance between the total food cost % reported on the Cost of...
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What is the percentage variance between the total food cost % reported on the Cost of Sale Report Summary and the food cost % on the Income Statement? Cost and Sales Report Summary Menu Classifications Appetizers Entrees Desserts Misc. Food Sales Food Totals SALES Food Beverage Total Sales Food Sales Food Cost $13.104.00 $49,896.00 $5,040.00 $1,000.00 $69,040.00 COST OF SALES Food Beverage Total Cost of Sales GROSS PROFIT $3,276.00 $15,966.00 $1,008.00 $255.00 $20,505.00 Food Cost % $ $69,040 $36,500 $20,988 $10,220 What is the percentage variance between the total food cost % reported on the Cost of Sale Report Summary and the food cost % on the Income Statement? Cost and Sales Report Summary Menu Classifications Appetizers Entrees Desserts Misc. Food Sales Food Totals SALES Food Beverage Total Sales Food Sales Food Cost $13.104.00 $49,896.00 $5,040.00 $1,000.00 $69,040.00 COST OF SALES Food Beverage Total Cost of Sales GROSS PROFIT $3,276.00 $15,966.00 $1,008.00 $255.00 $20,505.00 Food Cost % $ $69,040 $36,500 $20,988 $10,220
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Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date:
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