Multiple Choice
The menu pricing method that uses desired food cost percentage in determining the menu sales price is termed the _____________ pricing method.
A) factor
B) prime cost
C) actual
D) value
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: The formula to calculate food cost percentage
Q11: The time value of money concept suggests
Q14: The breakeven point is the point at
Q21: The actual cost menu pricing method incorporates
Q25: A turkey sandwich has a food cost
Q26: The pay back period is<br>A) the time
Q27: Accumulated depreciation is applied to which balance
Q28: Which of the following statements is true?<br>A)
Q30: The denominator used when calculating a common
Q35: The breakeven point is where<br>A) total assets