This topic contains a solution. Click here to go to the answer

Author Question: A restaurant has not been as profitable as it would like to be. The manager has determined that the ... (Read 114 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570

Question 1

A restaurant has nonfood costs of $485,000 and desires a profit of $130,000. They have forecasted annual sales of 150,000 customers. An item on their menu costs $5.00. What will be the selling price for this item using the contribution margin method of pricing?
◦ $4.10
◦ $9.10
◦ $8.23
◦ $5.86

Question 2

A restaurant has not been as profitable as it would like to be. The manager has determined that the menu is the problem. One choice the manager has to correct this problem is to
◦ put more high cost items on the menu.
◦ lower prices.
◦ make portion sizes larger.
◦ raise prices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by debasdf on Aug 20, 2020

LP

  • Sr. Member
  • ****
  • Posts: 302
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.
Answer Preview
Only 25% of students answer this correctly




debasdf

  • Member
  • Posts: 570
Reply 2 on: Aug 20, 2020
YES! Correct, THANKS for helping me on my review


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Your heart beats over 36 million times a year.

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.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library