Data is for the month of June 20X3 for the Fairbanks Hotel:…
Data is for the month of June 20X3 for the Fairbanks Hotel: Beginning Inventory $28,300 Purchases $16,200 Ending Inventory $29,500 Employee Meals- Room Dept. $300 Employee meals- F&B Dept. $500 Required: Calculate the cost of good used and the cost of food sold for the month of June.