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f the Ending Inventory increases and everything else remains the same, what happens to the Food Cost?

f the Ending Inventory increases and everything else remains the same, what happens to the Food Cost?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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ehergy drinks and n you during ing the foot, s re s and Patisser x pt.php?attempt=2880962&cmid=866264 .E Enduring Word Bibl. b My Questions | bart. nancial Aid Student Accounts Resources Campus Store Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% If the Ending Inventory increases and everything else remains the same, what happens to the Food Cost? Select one: a. Food cost increases because the difference between ending inventory and beginning inventory is greater. b. Food cost decreases because the difference between beginning inventory and ending inventory is less. c. Food cost decreases because the difference between ending inventory and beginning inventory is greater. d. Food cost increases because the difference between ending inventory and beginning inventory is less.
Transcribed Image Text:ehergy drinks and n you during ing the foot, s re s and Patisser x pt.php?attempt=2880962&cmid=866264 .E Enduring Word Bibl. b My Questions | bart. nancial Aid Student Accounts Resources Campus Store Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% If the Ending Inventory increases and everything else remains the same, what happens to the Food Cost? Select one: a. Food cost increases because the difference between ending inventory and beginning inventory is greater. b. Food cost decreases because the difference between beginning inventory and ending inventory is less. c. Food cost decreases because the difference between ending inventory and beginning inventory is greater. d. Food cost increases because the difference between ending inventory and beginning inventory is less.
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