If the selling price is $18.55 and the food cost is $5.30,the cost factor is 3.5.

Name: If the selling price is $18.55 and the food cost is $5.30,the cost factor is 3.5.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost factor is calculated by dividing the selling price by the food cost:

Cost factor = Selling price / Food cost

Cost factor = $18.55 / $5.30

Cost factor = 3.5

Therefore, the statement is true.

If the Selling Price Is $18