Last month a manager's operation achieved $60,000 in food sales and$40,000 in beverage sales. the manger's cost of sales for food was $15,000 and cost of sales for beverages was $8,000. what was the manager's cost of sales percentage for food last month

Question

Business

Angelique Melton

8 December, 02:25

Last month a manager's operation achieved $60,000 in food sales and$40,000 in beverage sales. the manger's cost of sales for food was $15,000 and cost of sales for beverages was $8,000. what was the manager's cost of sales percentage for food last month

+5

Answers (1)

Know the Answer?

Beckett Anthony · Answer 1

To find the percentage of cost, we simply divide the amount made by selling food by the cost of buying the food:

15000/60000

We can simplify this:

15/60

Divide:

15/60=1/4, or 25%

The percentage of the cost of sales is 25%