A standardized recipe has a food cost of $980.00 and makes about 200 servings. The item sells

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A standardized recipe has a food cost of $980.00 and makes about 200 servings. The item sells for $17.50. What is the food cost percent of this item?

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Posted Date: Nov 17, 2023 07:43 AM

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A standardized recipe has a food cost of $980.00 and makes about 200 servings. The item sells

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To calculate the food cost percentage you can use the following formula F... View the full answer

Managerial Accounting for the Hospitality Industry

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