Question - column beverages cost estimate esther owns club


Question - Column Beverages Cost Estimate

Esther owns Club, She has set a standard beverage cost of 27% for her club, and she wants to make sure that her beverage costs are in line with her standard. Esther wants to estimate her beverage cost after the first 10 days of the month. Since she doesn't have time to take a physical inventory, she decides to use her issues to estimate her costs. Help Esther complete her six-column beverage cost estimate. Based on the first 10 days of the month, is her beverage cost within acceptable limits?


Issues

Sales

Estimate

Date

Today

To Date

Today

To Date

Today

To Date

1-Jan

$701.89


$2,232.56




2-Jan

$650.21


$2,536.56




3-Jan

$857.96


$2,764.23




4-Jan

$852.65


$2,656.82




5-Jan

$1,223.35


$6,123.54




6-Jan

$1,300.50


$6,445.36




7-Jan

$785.56


$2,545.87




8-Jan

$1,200.80


$3,568.91




9-Jan

$655.85


$2,258.75




10-Jan

$601.25


$2,379.96




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Accounting Basics: Question - column beverages cost estimate esther owns club
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