Multiple Choice
To find the monthly food cost percent, _____.
A) the final inventory plus the amount of food in production is added to give the cost of food sold for the month, and the monthly food cost percent, the purchases for the month are divided by the inventory at the beginning of the month
B) the purchases for the month are added to the inventory at the beginning of the month, and the final inventory plus the amount of food in production is subtracted to give the cost of food sold for the month
C) the purchases for the month are subtracted from the inventory at the beginning of the month, and the final inventory plus the amount of food in production is added to give the cost of food sold for the month
D) the final inventory plus the amount of food in production is added to give the cost of food sold for the month, and the monthly food cost percent, the purchases for the month are subtracted to the inventory at the beginning of the month
Correct Answer:

Verified
Correct Answer:
Verified
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