Question: A restaurant manager served 70,000 covers last month and achieved a check average of $20.00. The managers food cost was 25%. For next month the
A restaurant manager served 70,000 covers last month and achieved a check average of $20.00. The manager’s food cost was 25%. For next month the manager will raise menu prices by 5% and expects her covers served to be 68,000. The manager expects a 2% increase in the cost of food products she will buy next month. What will be this manager’s fore-casted food cost % for next month?
a. 24.3%
b. 25.3%
c. 23.3%
d. 22.3%
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