Given the information below, calculate BEVERAGE COST PERCENTAGE: SALES Food Beverage Total Sales COST OF SALES Food Beverage Total Cost of Sales a) 26.75% b) 10.24% c) 34.68% d) 21.48% This % of Month sales $68,750 42,630 $111,380 $21,484 $11,404 $32,888

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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Given the information below, calculate BEVERAGE COST PERCENTAGE:
SALES
Food
Beverage
Total Sales
COST OF SALES
Food
Beverage
Total Cost of Sales
a) 26.75%
b) 10.24%
c) 34.68%
d) 21.48%
This
Month
$68,750
42,630
$111,380
man
$21,484
$11,404
$32,888
% of
sales
Transcribed Image Text:Given the information below, calculate BEVERAGE COST PERCENTAGE: SALES Food Beverage Total Sales COST OF SALES Food Beverage Total Cost of Sales a) 26.75% b) 10.24% c) 34.68% d) 21.48% This Month $68,750 42,630 $111,380 man $21,484 $11,404 $32,888 % of sales
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