In the XYZ Lounge, the bartender uses the following standard recipe and cost card to prepare...
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In the XYZ Lounge, the bartender uses the following standard recipe and cost card to prepare the "Crazy Cocktail": Crazy Cocktail recipe Crazy ITEM: Cocktail Bar Recipe #: 32 Date: Jul-22 Drink Sales Price DRINK DATA Drink Cost 1/4 orange $0.08 1/2 oz. sweet Cost Percent vermouth $0.10 $0.10 1/2 oz. dry vermouth BOTTLE DATA Ingredient Bottle size 1 oz. gin dash of bitters $0.35 $0.02 Gimby's Gin 1 liter Bottle cost $11.95 Total Cost GLASSWARE 4 oz. cocktail Combine all ingredients in glass shaker. Add cracked ice. Stir. Strain into cocktail glass. PROCEDURE XYZ Lounge is considering a cost -to-sales ratio of 16.50 percent. Determine the Sales Price for the ABC Cocktail * O $4.39 O $3.49 O $4.93 $3.94 If the desired cost-to-sales ratio is 12 percent, what should be the sales price for the drink? O $4.52 $5.24 $4.25 $5.42 If the cost of 1 oz. of gin increases of $0.05, determine the new Sales Price for the Crazy Cocktail. * $3.24 O $4.24 O $2.44 $4.42 In the XYZ Lounge, the bartender uses the following standard recipe and cost card to prepare the "Crazy Cocktail": Crazy Cocktail recipe Crazy ITEM: Cocktail Bar Recipe #: 32 Date: Jul-22 Drink Sales Price DRINK DATA Drink Cost 1/4 orange $0.08 1/2 oz. sweet Cost Percent vermouth $0.10 $0.10 1/2 oz. dry vermouth BOTTLE DATA Ingredient Bottle size 1 oz. gin dash of bitters $0.35 $0.02 Gimby's Gin 1 liter Bottle cost $11.95 Total Cost GLASSWARE 4 oz. cocktail Combine all ingredients in glass shaker. Add cracked ice. Stir. Strain into cocktail glass. PROCEDURE XYZ Lounge is considering a cost -to-sales ratio of 16.50 percent. Determine the Sales Price for the ABC Cocktail * O $4.39 O $3.49 O $4.93 $3.94 If the desired cost-to-sales ratio is 12 percent, what should be the sales price for the drink? O $4.52 $5.24 $4.25 $5.42 If the cost of 1 oz. of gin increases of $0.05, determine the new Sales Price for the Crazy Cocktail. * $3.24 O $4.24 O $2.44 $4.42
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a Calculation of Sale price when Cost to Sale ratio is 1650 Calculation of Total Cost 14 orange 008 ... View the full answer
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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