Solved

If the Beginning Beverage Inventory Was $500, Purchases Were $2,000

Question 2

Multiple Choice

If the beginning beverage inventory was $500, purchases were $2,000, and the ending inventory was $800, beverage sales were $5,000, what is the actual beverage cost percentage?


A) 30%
B) 34%
C) 35%
D) 32%

Correct Answer:

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