Question
The following costs and charges apply: Costs Course Recommended Sales price without GST Food cost % Add GST $ 2.39 Soup $ 9.50 $ 12.50
The following costs and charges apply:
| Costs | Course | Recommended Sales price without GST | Food cost % | Add GST |
| $ 2.39 | Soup | $ 9.50 | ||
| $ 12.50 $ 2.45 | Main course Accompaniments | $ 43.00 served with main course | ||
| $ 2.10 | Sweet | $ 9.90 | ||
| Special | 35% |
A special is offered for customers to include all three courses to entice them to order the whole menu.
- Calculate the food cost % for each item and enter it in the space provided.
- If you want to achieve 35% food cost for the special menu what would be your sales price?
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
