Answer to Question #65187 in Accounting for jane nguyen

Question #65187
ACTIVITY 1: SALES AND COGS ACTIVITIES FOR 2015 The restaurant sold 54,600 take away meals, and the price per meal was $10.50. The food cost per meal sold was $4.60. Also 20,000 units of soft drinks were sold during the year. Soft drinks are sold for $2.50 and the cost price was $0.80. Based on the above Sales and COGS activities for 2015; Prepare a spreadsheet with the average monthly Sales for food and drinks and the average monthly COGS for meals and drinks; in addition include end columns for the annual totals and another with the average quarterly totals.
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Expert's answer
2017-02-11T08:31:10-0500
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