1. If total contribution margin of all menu items equals $2,500 and 250 items were sold, how...
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Question:
1. If total contribution margin of all menu items equals $2,500 and 250 items were sold, how you determine what items are “H and what items are “L” in CM (contribution margin) category column on menu engineering worksheet? Show the calculation and then explain in one sentence.
2. What value is calculated on menu engineering worksheet after we know the total contribution margin of all menu items? (How we get this value, what box it goes in and what is this value called?) What is analyzed using this value? Explain in one or a couple of sentences.
Expert Answer:
2 Solution The contribution margin is the selling price of menu items minus the standar... View the full answer
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