Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the Ingredient Mark-Up Approach to Pricing, what should be the price of the chicken dinner, when the multiple is 4? Ingredient Cost Chicken -

Using the Ingredient Mark-Up Approach to Pricing, what should be the price of the chicken dinner, when the multiple is 4?

Ingredient Cost

Chicken - 2 pieces $ 0.89

Baked potato w. sour cream $ 0.29

Roll and Butter $ 0.11

Vegetable $ 0.19

Salad w. Dressing $ 0.50

Coffee - refills free $ 0.15

Total Cost $ 2.13

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Computerized Accounting With QuickBooks 2014

Authors: Kathleen Villani, James B. Rosa, Blanche Ettinger

1st Edition

0763860239, 9780763860233

More Books

Students also viewed these Accounting questions

Question

What are the steps for engagement planning?

Answered: 1 week ago