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What is the cost of food sales from this information

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Reference no: EM133173912

Question - A restaurant at which the periodic inventory system is used had the following:

Food Sales: $467,320

Last month's ending inventory: $27,000

Purchases this month: $186,662

Ending inventory this month: $50,000

Employee meals: $100

Number of customers: 11,000

Seats occupied: 11,000

Seats not occupied: 600

Required -

a. What is the cost of food sales from this information?

b. What is the food cost percentage?

c. What is the average check?

Reference no: EM133173912

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