Given a 50 targeted food cost percent, an item food cost of 1.00 ...

[acc299]

Given a 50 targeted food cost percent, an item food cost of 1.00 per burger, and 6,000 in monthly labor and benefits costs. If we anticipate selling 3,000 burgers a month, under a food cost mark-up method, what should our burgers be priced at?
 
  a. 3.00 per burger.
  b. 4.00 per burger.
  c. 6.00 per burger.
  d. 9.00 per burger.
  e. 12.00 per burger.

Question 2

Flour can be used to smother a fire.
 
  Indicate whether the statement is true or false

[raenoj]

Answer to Question 1

C

Answer to Question 2

FALSE

[acc299]

Thanks for the timely response, appreciate it

[kishoreddi]

Great answer, keep it coming