Question: Chapter 6 , Question 7 Use the ROUND function for Cost per Guest and Desired Selling Price Based on Cost to two decimal places. Buffet

Chapter 6, Question 7
Use the ROUND function for Cost per Guest and Desired Selling Price Based on Cost to two decimal places.
Buffet Product Usage (Sunday, June 1): Gabriel's Tex-Mex Restaurant
Menu Item Category Unit "Beginning
Amount" Additions "Ending
Amount" "Total
Usage" "Unit
Cost" "Total
Cost"
Steak Fajitas A lb.20606 $4.50
Chicken Fajitas A lb.157010 $4.00
Carne Asada A lb.10504 $4.25
Cheese Enchiladas B lb.28015 $2.00
Beef Enchiladas B lb.36010 $2.50
Enchiladas Verde B lb.1708 $2.00
Chili Rellenos B lb.10455 $2.75
Tacos C each 015020 $0.30
Bean Chalupas C each 01755 $0.25
Tortilla Soup C gal. 2104 $0.30
Spanish Rice C lb.57012 $0.20
Refried Beans C lb.15756 $0.20
Sopapillas C each 2520030 $0.15
Total Product Cost
Guests Served: 400 Desired Food Cost %: 40%
Total Product Cost: Desired Selling Price Based on Cost:
Cost per Guest:
Revenues, June 1: Projected Revenues, June 8: Difference:

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