Writing Homework Help

MDC Food Sales Cost Calculations Mathematics Question

Figure out the cost of food sold and enter answers here (no attatchments please):

Beginning inventory $35,000

Add food purchases total $20,000

Closing inventory $6,000

Employee meals $2,000

Questions:
- Cost of food sold, show calculation.
- If the food sales are 150,000 what is the food cost %, show calculation.