Question: In pricing menu items, Coquitlam Grill restaurant uses a contribution margin pricing system. Maria Stevens, who works as the restaurant's manager has calculated that the
In pricing menu items, Coquitlam Grill restaurant uses a contribution margin pricing system. Maria Stevens, who works as the restaurant's manager has calculated that the cost to make a veggie burger is $4.60. Average sale per guest is $16. Average variable cost per guest is $10. Food cost percentage is 30%. Based on the contribution pricing system, the base selling price of the veggie burger should be ?
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