This topic contains a solution. Click here to go to the answer

Author Question: An operation had adjusted food cost of $10,800 in an accounting period. Revenue generated by the ... (Read 123 times)

joe

  • Hero Member
  • *****
  • Posts: 627

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%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by joe on Aug 15, 2020

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
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.
Answer Preview
Only 25% of students answer this correctly




joe

  • Member
  • Posts: 627
Reply 2 on: Aug 15, 2020
YES! Correct, THANKS for helping me on my review


Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library