Last month a manager's operation achieved $60,000 in food sales and $40,000 in beverage sales. The manager's cost of sales for food was $15,000 and cost of sales for beverages was $8,000. What was the manager's cost of sales percentage for food last month?

Question

Quizplus · Accepted Answer

The cost of sales percentage for food is calculated by dividing the cost of sales for food by the total food sales and then multiplying by 100. So, $15,000 / $60,000 * 100 = 25%.

Last Month a Manager's Operation Achieved $60,000 in Food Sales