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Author Question: A restaurant with annual sales of $145,000 has labor costs of $45,000 and food costs of $42,000. ... (Read 600 times)

Lisaclaire

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on: Aug 20, 2020

Question 1

A restaurant uses the ratio method of pricing. They have annual nonfood costs of $675,000 and desire a profit of $125,000. Last year they spent $367,000 on food costs. What will be the selling price of an item with food cost of $6.00?
◦ $11.03
◦ $8.18
◦ $7.83
◦ $13.08

Question 2

A restaurant with annual sales of $145,000 has labor costs of $45,000 and food costs of $42,000. Using the prime cost method, what would be the selling price of an item with a food cost of $6.00?
◦ $10.00
◦ $13.00
◦ $22.00
◦ $16.00
ManageFirst: Controlling Foodservice Costs ¦ National Restaurant Association ¦ 2nd Edition
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Marked as best answer by Lisaclaire on Aug 20, 2020

tmlewis4706

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Reply #1 on: Aug 20, 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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Leah

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Reply #2 on: Nov 7, 2022
Thx


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