Question: Question 18 Calculate a menu item price by using the Gross Profit Approach Gross sales= $2,500,000 per year Total costs of goods sold = 47%

Question 18 Calculate a menu item price by using the Gross Profit Approach Gross sales= $2,500,000 per year Total costs of goods sold = 47% Standard food cost = $3.75 Forecasted customer count = 75,000 O $21.42 $25.47 $27.87 $17.56 $29.05

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