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Given the following data, compute the food cost percentage:
Food cost: $175,000
Beverage cost: $50,000
Total sales: $800,000
Sales mix:
Food sales = 80 percent of total sales
Beverage sales = 20 percent of total sales
27 percent
b. 30 percent
c. 33 percent
d. 37 percent

Top Answer

Th food cost percentage is... View the full answer


We have
Total sales = $800 0 00
Beverage cost = $ 50, 000
Food cost = $175000
According to question
Beverage sales= 20%, of Total sales
20 x 8000 06
so the food sales =
800000 -...

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