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Question - A hotel's food department statement shows the following:
Food revenue $400,000
Beverage revenue 100,000
Total revenue 500,000
Food cost of sales 120,000
Beverage cost of sales 20,000
Total cost of sales 140,000
Required -
a. What is the food profit?
b. What is the beverage profit?
c. What is the total profit on food and beverage?
d. What is the food cost percentage?
e. What is the beverage cost percentage?
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