Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. The cost per lb. as purchased for product A is $4.16. A 5 oz portion is served at a 30% food cost. The portion

1. The cost per lb. as purchased for product A is $4.16. A 5 oz portion is served at a 30% food cost. The portion cost is $ ____________ and the portion selling price is $ ____________. (Round to the nearest hundredth --- 2 places after the decimal point). Show your work ... label your answers :-)

2. The cost for product B as purchased is $28.75 per gallon. It yields 15 portions. The portion cost is $________________. The portion size is ______________oz.(round to the nearest hundredth. 2 places after the decimal point). Show your work ... label your answers!

3.

Compute the popularity index for the following sales (round % to the nearest .1%)

Item Portion Sold % of Sales

A 60 _____________%

B 30 _____________%

C 20 _____________%

D 15 _____________%

Thank you a guaranteed Like for the Answer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analytics For Accounting

Authors: Vernon Richardson

3rd Edition

1264444907, 9781264444908

More Books

Students also viewed these Accounting questions

Question

4. What means will you use to achieve these values?

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago