QUESTION 13 Jim had a beginning inventory of $5,500. During the month of April, the purchased $400 of fond en het internet end of the month. His sales for April were $8,750. What were his COGS? OA. $7800 O B. $5700 OC. $4400 OD. $5200 QUESTION 14 Calculate Jim's food cost percentage using the information from question 13 OA. 65.14% OB. 89.14% OC. 50.28% O D.43.42% it to save and submit. Click Save All Answers to see all ars

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
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QUESTION 13
Jim had a beginning inventory of $5,500. During the month of April, the purchased $0.00 of the and has a strony
end of the month. His sales for April were $8,750. What were his COGS?
OA. $7800
OB. $5700
OC. $4400
OD. $5200
QUESTION 14
Calculate Jim's food cost percentage using the information from question 13
OA. 65.14%
OB. 89.14%
OC. 50.28%
Click Save and Submit to save and submit. Click Save All Answers to save all answers
O D.43.42%
Transcribed Image Text:D.23.23% QUESTION 13 Jim had a beginning inventory of $5,500. During the month of April, the purchased $0.00 of the and has a strony end of the month. His sales for April were $8,750. What were his COGS? OA. $7800 OB. $5700 OC. $4400 OD. $5200 QUESTION 14 Calculate Jim's food cost percentage using the information from question 13 OA. 65.14% OB. 89.14% OC. 50.28% Click Save and Submit to save and submit. Click Save All Answers to save all answers O D.43.42%
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