Last month an operation generated $100,000 in food sales and $40,000 in beverage sales. The operation had a cost of sales for food of $35,000. What was the operation's food cost percentage last month?

Question

Quizplus · Accepted Answer

The food cost percentage is calculated by dividing the cost of food sales by the total food sales and then multiplying by 100. So, $35,000 / $100,000 * 100 = 35%.

Last Month an Operation Generated $100,000 in Food Sales and $40,000