Question: Question 4 (1 point) A coffee shop sees an average of 430 customers daily and budgets for an average of $650 in labor and overhead

Question 4 (1 point) A coffee shop sees an average of 430 customers daily and budgets for an average of $650 in labor and overhead expenses daily. The owner wants to earn at least $50 profit daily. Using the gross profit pricing method, what is the preliminary menu price for a cappuccino with a cost per portion of $0.37? Show work/formula Question 3 (2 points) Saved QA: Define the term "prime cost." QB: A caf uses the prime cost pricing method and a price factor of 3.25. What is the preliminary menu price for a dish in this caf with a food cost per portion of $1.68 and a direct labor cost of $0.22? Show work/formula Question 2 (1 point) A restaurant's annual budget calls for $972,500 in overhead expenses, $1,634,000 in sales, and $88,000 in profit. Using the overhead-contribution method, calculate the preliminary menu price for a dish with a cost per portion of $3.62. Show work/formula

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