The following information relating to the sales and cost of sales is given to you for two deaprtments: Food sales Beverage sales Cost of food sales 4,250 Cost of beverage sales 6.220 Sales revenue served $300,160 136,000 51,000 48,642 guests 4690 10,880 Required: Using the above information determine the following: (a) The average check per guest for food and beverage. (b) The average cost of sales revenue per guest for food and beverage.

The following information relating to the sales and cost of sales is given to you for two deaprtments: Food sales Beverage sales Cost of food sales 4,250 Cost of beverage sales 6.220 Sales revenue served $300,160 136,000 51,000 48,642 guests 4690 10,880 Required: Using the above information determine the following: (a) The average check per guest for food and beverage. (b) The average cost of sales revenue per guest for food and beverage.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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