The following costs and charges apply: Costs Course Recommended Sales price without GST Food cost % Add
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Question:
The following costs and charges apply:
Costs | Course | Recommended Sales price without GST | Food cost % | Add GST |
$ 2.39 | Soup | $ 9.50 | ||
$ 12.50 $ 2.45 | Main course Accompaniments | $ 43.00 served with main course | ||
$ 2.10 | Sweet | $ 9.90 | ||
Special | 35% |
A special is offered for customers to include all three courses to entice them to order the whole menu.
- Calculate the food cost % for each item and enter it in the space provided.
- If you want to achieve 35% food cost for the special menu what would be your sales price?
Related Book For
Managerial Accounting
ISBN: 978-1118385388
2nd edition
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
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