Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Larry Barger is the F&B Director at the Golden Rose Reception Hall Larry's operation is a favorite local choice for wedding receptions and other

image text in transcribed
image text in transcribed
3. Larry Barger is the F&B Director at the Golden Rose Reception Hall Larry's operation is a favorite local choice for wedding receptions and other special banquet events. Larry sells the following three different popular dinner pack- ages at varying price points to appeal to a range of guests. Yellow Rose Package White Rose Package Golden Rose Package $29.95 $39.95 $49.95 Larry wants to know his food cost percentage on each package he offers. Help him complete the work sheets he has prepared and then answer the questions that follow. The Golden Rose Packages Yellow Rose Package White Rose Package Golden Rose Package Item Cost ($) Item Cost ($) Item Cost (5) Appetizer Minestrone 1.25 Onion Soup 1.70 Crab Cake 2.25 Entre Roast Chicken 2.25 Braised Beef Ribs 4.25 Filet Mignon 6.50 Side Yellow Rice 0.25 Roasted Redskins 0.65 Duchesse Potatoes 0.75 (continued) Cost ($) The Golden Rose Packages (Continued) Yellow Rose Package Item Cost ($) Side Steamed 0.50 Broccoli Bread Dinner Rolls 1.00 Dessert White Cake 0.75 Beverage Coffee/Tea 1.25 0.95 White Rose Package Item Cost ($) Bacon Green 0.75 Beans Basil Loaf 1.25 Almond Torte 1.25 Coffee/Tea 1.25 Golden Rose Package Item Bearnaise Asparagus French Loaf Poached Pears 1.85 Coffee/Tea/ 4.10 House Wine Total Cost Food Cost % 1.55 Total Cost Food Cost Total Cost Food Cost a. What would be Larry's food cost percentage if 100% of his guests chose the Yellow Rose Package? b. What would be Larry's food cost percentage if 100% of his guests chose the White Rose Package? c. What would be Larry's food cost percentage if 100% of his guests chose the Golden Rose Package? d. What would be Larry's total food cost percentage if one third of his guests chose cach of the three different packages he offers

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

Step: 3

blur-text-image

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

Auditing Diversity In Library Collections

Authors: Rosalind Washington, Sarah Voels

1st Edition

1440878749, 978-1440878749

Students also viewed these Accounting questions