Solution-Compute the daily beverage cost percent for

Compute the daily beverage cost percent for sniffley

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Reference no: EM132738888

Problem 1: Given the following information, compute the daily beverage cost percent for Sniffley's Restaurant:

Opening Inventory = $2,500

Transfer from kitchen to bar = $210

Transfer from bar to kitchen = $110

Promotion Expense = $80

Beverage Sales = $12,000

Closing Inventory = $0.00

A. 20.8%

B. 20.7%

C. 21.0%

Reference no: EM132738888

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Compute the daily beverage cost percent for sniffley

Reference no: EM132738888

Reference no: EM132738888

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