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Using the Chef's Magic Circle, Complete the Following

question 41

Short Answer

Using the Chef's Magic Circle, complete the following. Round percent answers to the nearest hundredth and money answers to the nearest cent. At Stages Restaurant, they calculated a total of $30,777 in food last month. They earned revenue of $112,221. What was their food cost percentage for the month? _______________%


Definitions:

IASB

The International Accounting Standards Board, an independent body responsible for the development and publication of International Financial Reporting Standards (IFRS).

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