The EP cost of your steak dinner menu item is $4.00 and your desired food cost percentage

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The EP cost of your steak dinner menu item is $4.00 and your desired food cost percentage is 40%. Using either the factor method or the product cost percentage method for pricing, what should the price be?

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Posted Date: Feb 28, 2024 12:09 AM

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The EP cost of your steak dinner menu item is $4.00 and your desired food cost percentage

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Sure lets calculate the price using both the desired food cost per... View the full answer

Entrepreneurial Finance

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