The total ingredient cost in a recipe is $4.73 the manager desires a 37.5% food cost. What is the base selling price of the item using the mark-up method? PROBLEM 2 The Pratrio Town Grill does not serve alcoholic beverages. Is operating budget reveals the following: Revenue $1,375,000 Food Cost 585,000 Non-Food Costs $ 710,000 Profit 80,000 Number of Guests 161,580 Guest Check Average 8.51 Contribution Margin 790,000 Using the above information, calculate the base selling price of a menu item with a total ingredient cost of $4.85 using the methods below. Use the contribution margin pricing method. Use the ratio pricing method. Use the prime costs method (note: the non-food costs include $426,250 labor costs