Given the following information, determine daily food cost: directs $120; stores issued $300; transfers from kitchen to bar $20; transfers from bar to kitchen $10.

Question

Quizplus · Accepted Answer

The daily food cost is calculated by adding directs ($120) and stores issued ($300), then adjusting for transfers. Transfers from kitchen to bar ($20) are subtracted, and transfers from bar to kitchen ($10) are added. So, $120 + $300 - $20 + $10 = $410.

Given the Following Information, Determine Daily Food Cost: Directs $120;