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Author Question: A menu item has a food cost of 40%. The menu item sells for $19.95. What is the contribution margin ... (Read 297 times)

Chelseaamend

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Question 1

A manager uses a 2.5 markup system to price her menu items. The manager has a menu item that costs $3.10 to prepare. What will be the base selling price for that menu item?
◦ $7.75
◦ $8.00
◦ $8.25
◦ $8.50

Question 2

A menu item has a food cost of 40%. The menu item sells for $19.95. What is the contribution margin for the item?
◦ $1.97
◦ $7.98
◦ $11.97
◦ $79.80


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Marked as best answer by Chelseaamend on Aug 15, 2020

djpooyouma

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