Conduct a menu analysis for the appetizers section of the menu in the chart below. Menu Item
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Question:
- Conduct a menu analysis for the appetizers section of the menu in the chart below.
Menu Item | Number Sold | Item Sales Price | Item Food Cost | Item CM | Menu CM | Popular (H/L) | Profitable (H/L | ||||
Soup | 40 | $3.50 | $0.88 |
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House Salad | 92 | $4.95 | $1.97 |
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Potato Skins | 34 | $5.75 | $1.13 |
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Shrimp | 69 | $7.50 | $2.94 |
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Total | 235 |
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Avg. Number of Items Sold |
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Popularity Benchmark |
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Average Weighted CM |
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- Using the table below, calculate the menu mix percent data and the number of each dish likely to sell based on a forecast of 482 guests, if only 71% of guests order appetizers
Menu Item | Number Sold | Menu Mix % | Forecast (only 342 buy apps.) |
Soup | 40 |
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House Salad | 92 |
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Potato Skins | 34 |
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Shrimp | 69 |
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Total |
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Expert Answer:
Menu Analysis Appetizer Section with StepbyStep Calculations Step 1 Calculate Contribution Margin CM ... View the full answer
Related Book For 
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild
Posted Date:
