Question: Menu Pricing. Show your work for all steps. Using the food cost percent method, what is the sales price of a veal entre if the

Menu Pricing. Show your work for all steps.
Using the food cost percent method, what is the sales price of a veal entre if the restaurant Food Cost is 33% and the cost per portion is $6.00(3 marks)
Each month a restaurant has gross profit of $4,000 and serves 1,000 customers. A sandwich cost $1.50 per portion. Using the gross profit method, determine sale price for the sandwich. (3 marks)
A restaurant uses a price factor of 3.2. Chicken roulade costs $1.98 per portion with a direct labor cost of $1.85. Determine sales price using the prime cost method. Please show your work (3 marks)

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!