Question: costing Week 1. Practice Exercise Exercise 3. Menu Engineering The following is menu engineering Information for Falafel.- item Total Revenue Total Cost Number of Menu

 costing Week 1. Practice Exercise Exercise 3. Menu Engineering The following
costing

Week 1. Practice Exercise Exercise 3. Menu Engineering The following is menu engineering Information for "Falafel.- item Total Revenue Total Cost Number of Menu Items Total Guest Count (Total of menu sold) Item Selling Price Item Standard Cost Item Sales Count *Note: 1 guest ordered 1 menu Falafel $360,000 $300,000 20 9.600 $12.50 $3.80 240 Menu Mix (%) CM (S) Average Item (Falafel) Rank 1. Total Menu Contribution Margin 2. Total Item Contribution Margin 3. Item Profit Factor 4. Classification of the menu "Falafel" is? 5. If you are an owner of the restaurant, what will you do about the menu "Falafel

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