Prepare an invoice using the following guidelines friends


Prepare an Invoice using the following guidelines

Friends of MSU

Dinner for 200 guests January 12, 2017

Cost of Food $6500.00 Using a food cost % of .30% to determine sales price

Cost of Liquor, beer and wine $4200.00 mark up for .40% profit

Mark up the following by .50%

Flowers $300.00

Ice Carvings $100.00

Centerpieces $300.00

Linen $450.00

Rental of special tables and chairs $350.00

Gratuities .22% Gratuities on Food, liquor, beer, and wine only

State Sales Tax .07% on everything including the gratuities

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Financial Management: Prepare an invoice using the following guidelines friends
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