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Problem 3 Price the menu items using the ingredient markup approach. The ingredient costs of a fish dinner are follows. Fish (main ingredient) Rolls Butter
Problem 3 Price the menu items using the ingredient markup approach. The ingredient costs of a fish dinner are follows. Fish (main ingredient) Rolls Butter Salad with dressing Corn Beverage $3.00 .30 .05 .50 .25 .50 a) Assume a 33 % food cost is desired. What should be the price of a fish dinner? b) Assume a multiple of six; what is the target price of the fish dinner if the prime ingredient approach is used
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