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Cost of Goods Sold - Food & Beverage Industry

I was reading a related post regarding COGS tracking for a manufacturing company, and was curious about proper tracking of COGS in the food and beverage industry?


Topic Expert
Christie Jahn
Title: CFO
Company: Prime Investments & Development
(CFO, Prime Investments & Development) |

I worked for a full service hotel quite some time ago and this was fairly simple. We used Beg. Inventory + Purchases - Ending Inventory. The best part of this job was the in depth debates on what causes variances in food and beverage costs.


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