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What is the cost of food sold at this restaurant

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Question - A hotel restaurant purchased $82,000 worth of food in January. Its opening inventory was $5,200 and its closing inventory was $6,100. It transferred out $420 worth of prime rib to the hotel's deli for its roast beef sandwiches, and it transferred in $95 worth of bread from the hotel's bakery. There were $696 worth of free-tasting-food experience for various customers planning large wedding reception and other functions at the hotel. The restaurant steward sold $481 worth of raw steaks to an employee for his barbeque party. Sales of animal fat produced by the kitchen is $200. Employee meals for the month were valued at $382. What is the cost of food sold at this restaurant?

Reference no: EM133099234

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