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Prepare an Invoice using the following guidelines Friends of MSU Dinner for 200 guests January 12, 2017 Cost of Food $6500.00 Using a food cost
Prepare an Invoice using the following guidelines
Friends of MSU
Dinner for 200 guests January 12, 2017
Cost of Food $6500.00 Using a food cost % of .30% to determine sales price
Cost of Liquor, beer and wine $4200.00 mark up for .40% profit
Mark up the following by .50%
Flowers $300.00
Ice Carvings $100.00
Centerpieces $300.00
Linen $450.00
Rental of special tables and chairs $350.00
Gratuities .22% Gratuities on Food, liquor, beer, and wine only
State Sales Tax .07% on everything including the gratuities
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