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A restaurant budgets for overhead expenses of $430,000 and a profit of $65,000 based on sales of $780,000 (same as above). Using the overhead-contribution method
A restaurant budgets for overhead expenses of $430,000 and a profit of $65,000 based on sales of $780,000 (same as above). Using the overhead-contribution method and the food cost percent calculated above, what should this restaurant charge for an entree with a cost per portion of $3.97? (Round to nearest penny, do not include $ sign)
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