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The Hotel Grill Bar sells a set lunch for $ 1 2 . The food cost of sales used in producing each set lunch is

The Hotel Grill Bar sells a set lunch for $12. The food cost of sales used in
producing each set lunch is $5. Additional variable costs are $3 per lunch.
The cost of table linens $300/day and on average 100 set lunches are served
per day. What is the contribution margin expressed in dollars and percent?

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