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Your restaurant utilizes the following food cost percents depending upon whether the dish is a high, medium, or low labor item. Based upon these food
Your restaurant utilizes the following food cost percents depending upon whether the dish is a high, medium, or low labor item. Based upon these food cost percents, what would be the selling price of a high labor item with a cost per portion of $5.00?
High labor 20%. Medium labor 25%. Low labor 30%.
Select one:
a.
$35.00
b.
$30.00
c.
$20.00
d.
$25.00
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