115 1 Chapter 6, Question 2 3 Bill owns Bil's Burger Barn, and he is dissatisfed with his consistently high food cost percentage. In an effort to drop his food cost percentage below 35 percent, he has decided to incorporate price blending into his pricing strategy. He has developed three combo items, and he wants to find out if his food cost percentage has been lowered after the first week of sales. Help Bill calculate the food cost percentage 6for his combo items. 9 Bill's Burger Barn Combo Number Product Sold Cost Selling Total Food Total Cost Price Sales Cost % 10 Number Item 11 Hamburger 12 French Fries (large) 185 13 Soft Drink (16 oz.)190 14 15 16 17 Bill's Bacon Cheeseburger Combo 0.40 | 0.20 $0.00 1.35 $0.01 $3.49 $0.00 | 1.60 | Total 575 $0.00 OType here to search