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Find the Cost of Food Sold or the Monthly Food

Question 8

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Find the cost of food sold or the monthly food cost percent. Round percent answers to the nearest hundredth. Food in Production: $8,440 Sales: $100,555 Inventory at Beginning of Month: $8,638 Purchases for the Month: $47,651 Final Inventory: $7,807 Monthly Food Cost Percent: _______________%

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