What is the gross food cost for June given a June 1 inventory of $5300, a July 1 inventory of $2700, and food purchases of $3150?

To determine the gross food cost for June, we can use the following formula:

Gross Food Cost = Beginning Inventory + Purchases - Ending Inventory.

In this scenario:

• The beginning inventory on June 1 is $5300.

• Food purchases during June amount to $3150.

• The ending inventory on July 1 (which serves as the ending inventory for June) is $2700.

Plugging in the numbers:

Gross Food Cost = $5300 + $3150 - $2700.

Calculating this:

1. $5300 + $3150 = $8450.

2. $8450 - $2700 = $5750.

Thus, the gross food cost for June is $5750. This amount reflects the total expenditure on food after accounting for what was already on hand at the beginning of June and what remained at the end of the month. The correct answer, therefore, is that the gross food cost for June is $5750.