Question: Answer this The unit cost is 18.50 and the mark up rate is 2/3. Compute for the Selling Price: _______________*1 pointThe unit cost is 42.33

Answer this "The unit cost is 18.50 and the mark up rate is 2/3. Compute for the Selling Price: _______________*1 pointThe unit cost is 42.33 and the mark-up factor is 2. Compute for the Selling Price:__________________*1 pointThe unit cost is 23.45 and the mark up rate is 150%. Compute for the Selling Price: ________________*1 pointThe unit cost is 13.25 and the food cost % is 34%. Compute for the Selling Price: __________________*1 pointThe selling price is 123.50 and the"

Answer this "The unit cost is 18.50 and the mark
The recipe for Chicken veloute with sauce and Caesar Salad has a total recipe cost, amounting to PI161.88 and P 109.50 per serving respectively. The food cost percentage is 35 . The selling price for each serving would thus given by: MARK UP FACTOR= | FOOD COST % =l 0.35 = 2.86 Selling price factor (Chicken veloute) = Cost per serving x Mark-up =Pl61.88 X 2.86 = P462.98 or P463 Selling Price (Caesar Salad) =P109.50 X 286 =P313.17 or P313

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!