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Author Question: An operation had adjusted food cost of $10,800 in an accounting period. Revenue generated by the ... (Read 119 times)

joe

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on: Aug 15, 2020

Question 1

An operation had a beginning inventory of $13,500 for an accounting period. In the accounting period the operation purchased $72,000 worth of food. Ending inventory for the operation in the period was $15,000. What was the operation's unadjusted cost of food sold for the period?
◦ $50,500
◦ $70,500
◦ $85,500
◦ $100,500

Question 2

An operation had adjusted food cost of $10,800 in an accounting period. Revenue generated by the operation in the period was $45,000. What was the operation's adjusted food cost percentage for the period?
◦ 4.1%
◦ 22%
◦ 24%
◦ 41.6%
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Marked as best answer by joe on Aug 15, 2020

kescobar@64

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Reply #1 on: Aug 15, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joe

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Reply 2 on: Aug 15, 2020
Great answer, keep it coming :)

alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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