Question: A manager is using the ratio pricing method and determines that the ratio of food cost plus profit to food cost is 3 . 1

A manager is using the ratio pricing method and determines that the ratio of food cost plus profit to food cost is 3.10. This means that:
A) profit from the item should be approximately $3.10
B) food costs should be multiplied by 3.10 to calculate the base selling price
C) for each $1.00 of revenue needed to cover food cost, an additional $3.10 is needed for non-food costs and profit
D) $3.10 should be added to the food cost to calculate the base selling price

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