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What Should the Potential Food Cost (In Dollars) at the Inn

Question 23

Essay

What should the potential food cost (in dollars) at the Inn have been given the following sales mix?
Potential
Item Number Sold Selling Price Food Cost %
Rib-Eye Steaks 1,000 $23.75 25%
Fish 2,000 $28.00 32%
Chicken 1,500 $21.50 20%

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