Last month an operation generated $200,000 in food sales and $50,000 in beverage sales. The operation had a cost of sales for beverages of $10,000. What was the operation's beverage cost percentage last month?

Question

Quizplus · Accepted Answer

The beverage cost percentage is calculated by dividing the cost of sales for beverages by the total beverage sales, then multiplying by 100. So, $10,000 / $50,000 * 100 = 20%.

Last Month an Operation Generated $200,000 in Food Sales and $50,000