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2. Please use below information to come up with the beverage cost %. Beginning inventory of the period: $5,000 Ending inventory of the period: $5,900
2. Please use below information to come up with the beverage cost %. Beginning inventory of the period: $5,000 Ending inventory of the period: $5,900 At the Happy Ever After Bar, the new manager Patrick has been told they use the following methods to calculate their selling prices. They now want to standardize all the prices with a beverage cost of 11% except for Stella Artois and Heineken for which they want a beverage cost of 15%. Please help Patrick calculate the new selling prices for all the drinks. 4. Please provide the corresponding pricing factor based on the target product cost % as below. a.) 25% b.) 30% c.) 40% 5. Joe used to price below menu items by a flat contribution margin - $50 for food and $30 for beverage. Yesterday his assistant manager proposed to change the pricing methodology to pricing factor, 2.22 for food items and 5 for beverage items. Please assist to generate the new pricing for each item. 2. Please use below information to come up with the beverage cost %. Beginning inventory of the period: $5,000 Ending inventory of the period: $5,900 At the Happy Ever After Bar, the new manager Patrick has been told they use the following methods to calculate their selling prices. They now want to standardize all the prices with a beverage cost of 11% except for Stella Artois and Heineken for which they want a beverage cost of 15%. Please help Patrick calculate the new selling prices for all the drinks. 4. Please provide the corresponding pricing factor based on the target product cost % as below. a.) 25% b.) 30% c.) 40% 5. Joe used to price below menu items by a flat contribution margin - $50 for food and $30 for beverage. Yesterday his assistant manager proposed to change the pricing methodology to pricing factor, 2.22 for food items and 5 for beverage items. Please assist to generate the new pricing for each item
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