Question: Please select a main course dish and not a dessert or appetizer. Your group will evaluate and anticipate all costs Variable Costs like labour, food,

  • Please select a main course dish and not a dessert or appetizer.
  • Your group will evaluate and anticipate all costs
    • Variable Costs like labour, food, and utilities, and
    • Fixed Costs like rent, insurance, salaries, phone, internet, and loan payments
  • Restaurants need carpets and windows cleaned regularly, regular maintenance and replacement of expensive kitchen equipment, and many other costs. Please do your research and find out exactly what it costs for your restaurant to operate.
  • You will learn how many customers your restaurant hosts per day to find your cost per customer.
  • You will use the resources provided to determine your cost to serve one customer. You will then add mark up or profit and explain to the class why you have selected your price.
  • 35% will be content. Is the data presented relevant and reliable? Was the data gathered from reliable sources? Avoid Wikipidia. Good place to start but not a reliable source of information. Please provide references.

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