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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 310 times)

Chelseaamend

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on: Aug 15, 2020

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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Reply #1 on: Aug 15, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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The Stranger Squad

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Reply #2 on: May 3, 2022
thank u


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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
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