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Hamburger sold 400 Total Revenue $100,000 Total Cost $25,000 Number of Menu Items 50 Total Guest Count = (Total items sold) 6,000 Hamburger Selling Price
| Hamburger sold | 400 |
| Total Revenue | $100,000 |
| Total Cost | $25,000 |
| Number of Menu Items | 50 |
| Total Guest Count = (Total items sold) | 6,000 |
| Hamburger Selling Price | $20 |
| Hamburger Standard Cost | $6 |
Please show all calculations
- Determine the menu mix % for the hamburger item
- Determine the menu mix %
- Determine the average Contribution Margin for the menu
- Determine the Contribution Margin for the hamburger item
- Determine the total Contribution Margin for the menu
- Rank the Hamburger (high or low in each of the two categories (popularity and profitability) and determine which of the following it falls into: Star, Dog, PH, Puzzle
- What is the profit factor for the Hamburger?
- What could be done with this item as far as Menu Engineering and Analysis are concerned? You must specify at least 4 strategies (number them 1 thru 5) or suggestions for this item, and reasons why you would suggest these strategies
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