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The Cost of Depleted Inventory for a Cocktail Is $0

question 16

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The cost of depleted inventory for a cocktail is $0.74 and the selling price is $3.75. What is the pour cost percentage?


Definitions:

Salaries

Regular payments made to employees for their services during a specified period.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that the total debits equal the total credits.

Kitchen Equipment

Kitchen equipment includes the tools and appliances used in the preparation, cooking, and storage of food in a kitchen setting.

Accounts Payable

A liability account on the balance sheet representing money owed by a company to its creditors or suppliers for purchases made on credit.

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