Question
Maureen is the manager of a very popular nightspot. She and her bartender, Leon, have created a new drink called The Midnight Triple. It includes
- Maureen is the manager of a very popular nightspot. She and her bartender, Leon, have created a new drink called "The Midnight Triple". It includes Gin, pineapple juice and soda. Assume Maureen wants to sell the drink for $7.00. Using the data below, compute her beverage cost percentage if she and Leon make the drink according to the following recipes.
Cost of Gin $9.50 per 750 ml (750 ml = 25.35 oz.)
Pineapple juice $2.50 per quart
Soda water $0.06 per ounce
Product | Unit | Cost | Cost per Ounce |
Gin | 750 ml | $9.50 | |
Pineapple Juice | quart | $2.50 | |
Soda Water | ounce | $0.06 |
Recipe 1. 2 oz. Gin, 3 oz. pineapple juice, 2 oz. soda water
Recipe 2. 2.5 oz. Gin, 2 oz. pineapple juice, 2 oz. soda water
Recipe 3. 1 oz. Gin, 2 oz. pineapple juice, 4 oz. soda water
Recipe 4. 1.5 oz. Gin, 1.5 oz. pineapple juice, 2 oz. soda water
Recipe 5. 2 oz. Gin, 1 oz. pineapple juice, 3 oz. soda water
Recipe | Ounces of Gin | Ounces of Pineapple Juice | Ounces of Soda Water | Total Cost | Selling Price | Beverage Cost % |
1 | ||||||
2 | ||||||
3 | ||||||
4 | ||||||
5 |
Which recipe has the lowest beverage cost %? If Maureen chooses the recipe with the lowest beverage cost %, would the recipe be likely to make her guests happy? If not, what other recipe(s) might most satisfy her guests and still prove to be cost effective for Maureen?
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