A restaurant manager served 70,000 covers last month and achieved a check average of $20.00. The managers

Question:

A restaurant manager served 70,000 covers last month and achieved a check average of $20.00. The manager’s food cost was 25%. For next month the manager will raise menu prices by 5% and expects her covers served to be 68,000. The manager expects a 2% increase in the cost of food products she will buy next month. What will be this manager’s fore-casted food cost % for next month?

a. 24.3%

b. 25.3%

c. 23.3%

d. 22.3%