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Micah's Food Service is adding another catering vehicle to her fleet that she will use for festivals, county fairs, and other events. The new food

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Micah's Food Service is adding another catering vehicle to her fleet that she will use for festivals, county fairs, and other events. The new food service truck will cost $150,000 equipped with all the food preparation appliances. Her variable costs per meal served will average $8 each. She expects to sell an average of 1,200 meals per week out of the new truck given her current event schedule. The average price per meal Micah charges is $15. What price would Micah charge for her meals if she wanted a 25\% markup? $18.52 $14.99 $12.69 $18.91 $13.87

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