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 166 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
Gracias!


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library