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Use the following information in the table to complete this assignment (blanks a1 - a14). The blanks below indicate the responses for the calculations of
Use the following information in the table to complete this assignment (blanks a1 - a14). The blanks below indicate the responses for the calculations of selling price, using standard cost and desired food cost \%. You are also calculating the revenues and totals for Week 10 business. - Calculate the price factor to generate the selling price based on a desired 37% food cost percent; Round that factor two decimal points ( 0.00 ) for calculations - Calculate the Selling Price for each menu item (a1; a4; a7; a10) - Determine the Standard Cost Totals for each menu item standard cost and selling count (a2; a5; a8; a11) - Use the Sales counts for Week 10 to generate Total Revenue based on Selling Price (a3; a6; a9; a12) - Total your food cost for the sales (a13) and Total Revenue for Week 10 9a14) total food/beverage standard costs for sales and total revenue for the sales data in the following table (7 points; each cell = 0.5 ) 1. Round UP to the nearest $0.25 for selling price. Round totals two decimal points 2. Do NOT include dollar signs ($) in the response field
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