A hospital foodservice manager is reviewing November financi…
A hospital foodservice manager is reviewing November financial performance.Purchases in November: $10,500October 31 Inventory: $1,950November 30 Inventory: $2,250Monthly food cost used: $10,500Average food inventory: $2,500Total food sales (income): $25,000Cost of food: $10,200Calculate the food cost percentage. Show your work.
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