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Which of these equations could you have used to calculate the menu price for the items in Table 1 of Benji's Bistro? a) Menu Item
Which of these equations could you have used to calculate the menu price for the items in Table 1 of Benji's Bistro?
a) Menu Item Cost x (1 - Required Contribution Margin) |
b) Menu Item Cost x Required Contribution Margin |
c) (Required Contribution Margin) / (1 - Menu Item Cost) |
d) (Menu Item Cost) / (1 - Required Contribution Margin)
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