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1 . Complete the following chart. Menu Item Number Sold Menu Mix % Menu Price $ Item Food Cost Item CM Gross Margin CM Category

1. Complete the following chart.
Menu Item Number Sold Menu Mix % Menu Price $ Item Food Cost Item CM Gross Margin CM Category MM% Category Classification
Veggie Bowl 320015.59 $17.50 $ 2.86 $14.64 $46,848 High High Star
Flank Steak 322115.70 $26.50 $ 7.47 $19.03 $61,295.63 High High Star
Chicken Paillard 387018.86 $ 14.23 $ 3.05 $11.18 $43,266.60 Low High Plow horse
Fish Tacos 442521.56 $ 14.23 $ 3.45 $10.78 $47,701.50 Low High Plow horse
Turkey Club 368417.95 $ 14.23 $ 2.70 $11.53 $42,476.52 Low High Plow horse
Chicken Wings 212210.34 $14.50 $ 3.67 $10.83 $22,981.26 Low Low Dog
Total 20522100 $264,569.51
Average Menu Mix %=11.67% Avg CM =12.89
2. Once you have classified each menu item from part 1, explain what actions should be taken with each item and why. I recommend graphing each item (as was shown in the week 7 session) to help you.
3. Suppose you have the following 5 items on your menu:
Item Food/Beverage Cost ($)
Coffee $0.26
32oz Ribeye $85
Tuna Sandwich $1.82
Spaghetti with Tomato Sauce $3.47
House White Glass $1.50
Using the information learned from class and from the pricing module, calculate an appropriate selling price for each of the items listed above.

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