Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are the food and beverage director at the Restaurant B. Please calculate food cost percentage, prime cost, and contribution margin for the 3 items.

You are the food and beverage director at the Restaurant B. Please calculate food cost percentage, prime cost, and contribution margin for the 3 items. (25 pts)

Menu Item

Selling Price

Product Cost

Labor Cost

Chicken Parmigiana

23.97

9.59

3.11

Seafood Alfredo

32.97

19.79

2.55

Lasagna Classico

16.97

5.10

2.55

Food Cost %

Prime Cost

Contribution Margin

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

Mergers Acquisitions And Other Restructuring Activities

Authors: Donald DePamphilis

10th Edition

0128150750, 978-0128150757

More Books

Students also viewed these Finance questions

Question

=+vii. Bullet points to emphasize important ideas.

Answered: 1 week ago