The Night Owl Restaurant generates sales of $1,000,000 a month with variable costs of 35%. The...
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The Night Owl Restaurant generates sales of $1,000,000 a month with variable costs of 35%. The Kobe beef burger is one of the restaurants' best selling menu items with a price of $13 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 10% are Kobe beef burgers. What is the profit factor for the Kobe beef burger? The Night Owl Restaurant generates sales of $1,000,000 a month with variable costs of 35%. The Kobe beef burger is one of the restaurants' best selling menu items with a price of $13 and a food cost of 30%. The menu has 20 item and total sales average 20,000 menu items a month, of which 10% are Kobe beef burgers. What is the profit factor for the Kobe beef burger?
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To calculate the profit factor for the Kobe beef burger we need to determine the profit margin for t... View the full answer
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