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3 . calculate sales, given the following figures for cost percent and cost: a. cost percent,...

3 . calculate sales, given the following figures for cost percent and cost: a. cost percent, 30.0%; cost, $90.00 b. cost percent, 25.0%; cost, $500.00 dittmer, paul r..
principles of food, beverage, and labor cost controls, 9th edition (p. 32). wiley higher ed. kindle edition.

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Answer #1

30% a) Cost percent Cost = $90 Sales = Cost * 100 / Cost percent $90 * 100/30 = $300 b) Cost percent = 25% Cost = $500 Sales

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