This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the two factors used to calculate menuprices using the prime cost pricing method? a. ... (Read 34 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
on: Aug 10, 2018
What are the two factors used to calculate menuprices using the prime cost pricing method?
 
  a. Target profit and other operating costs
  b. Contribution margin and food cost
  c. Labor cost and advertising cost
  d. Food cost and labor cost

Question 2

When quoting an inclusive price for a banquet, tax and gratuities are always included because they increase the total package.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Aug 10, 2018
Answer to Question 1

D

Answer to Question 2

True


Tirant22

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Aug 10, 2018
TY


gcook

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Aug 10, 2018
You're welcome


« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

The steps of the scientific method, also known as hypothesis testing The steps of the scientific method, also known as hypothesis testing
Performing Venipuncture Using the Vacutainer Method Performing Venipuncture Using the Vacutainer Method
How to calculate regular payments or deposits using the annuity formula (Question 2) How to calculate regular payments or deposits using the annuity formula (Question 2)
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation
Offset Method Plot of Land with Length Line Offset Method Plot of Land with Length Line
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library