True/False
If a menu item cost an operation $4.00 to produce, and the operation seeks to achieve a 25% food cost, the item should be sold for $10.00.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: What pricing factor would managers use if
Q3: What is a plate cost?<br>A) The total
Q4: A standardized recipe costs $58.80 to produce
Q5: Product cost percentage and product contribution margin
Q6: The vintage of a wine refers to
Q7: What is the term used to describe
Q8: A restaurant's ambience is unaffected by its<br>A)
Q9: A manager buys a 12-bottle case of
Q10: Contribution margin is the amount that a
Q11: Value pricing refers to the strategy of