If the total potential food cost for a menu item is $4.57, and the targeted food cost percentage is 30%, what is the targeted selling price?
A) $15.23
B) $15.50
C) $16.50
D) $15.15
Correct Answer:
Verified
Q3: Assuming the menu contains items with various
Q4: Using the information provided, calculate how many
Q5: If the selling price of an item
Q6: You get the ideal menu price by
Q8: To determine unit cost, take the case
Q9: Potential cost is what you actually spend
Q10: Let us assume that your records show
Q11: The as-purchased price is your inventory cost
Q12: Another factor affecting production losses is recipe
Q87: Define profit.
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