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KFC managers are considering all you can eat promotion and want to know the cost before setting a price. each batch must be 50
KFC managers are considering "all you can eat" promotion and want to know the cost before setting a price. each batch must be 50 pieces. The chicken is precut by the chain headquarters and sent to the stores in 10-piece bags. each bag costs $5. Preparing a batch of 50 pieces takes one employee two hours. The current wage rate is $10 per hour. Another cost driver is the cost of putting fresh oil into the fryers. new oil costing $15, is used for each batch. If management estimates that it will sell 150 pieces of fried chicken, what is the cost per piece? a. $1.00 Ob. $1.08 c. $1.13 d. $1.20 C
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