1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dem82 [27]
2 years ago
10

A menu item costs a manager $2. 20 to produce. the manager wants to achieve a 40ood cost on the item. what should be this item's

selling price?
Business
1 answer:
Svetlanka [38]2 years ago
6 0

If the manager wants to achieve a 40% food cost on the item the selling price should be $5.50.

Menu pricing approach that makes use of operation-wide facts to decide a dollar quantity that should be introduced to every main menu object's meals fee. There are steps to the system: 1. (overall nonfood price + target profit) ÷ variety of clients = Contribution margin, and 2. Contribution margin + meals cost = Menu price.

Cost price is the quantity paid to purchase an editorial or the price at which a piece of writing is made is known as its price rate. The cost charge is abbreviated as C.P. selling price: The rate at which an editorial is bought is known as its selling rate. The selling price is abbreviated as S.P.

The manufacturing cost is the full value incurred by means of a business to both produce a product and provide its services. Manufacturing costs normally encompass materials and raw materials that are fed on in the course of production, at the side of labor expenses.

Learn more about manufacturing cost here brainly.com/question/8873972

#SPJ4

You might be interested in
Brainliest Week
Mrrafil [7]

Answer:

<h3>D. entrepreneurship </h3>

Explanation:

  • Entrepreneurship is one among the different types of productive resources that can be applied to produce goods and services.
  • Enterprise is a human ability or an action of organizing the different types of productive resources to produce goods and services in the most profitable and productive way.
  • It is a set of skills that individuals may use or apply while trying to produce a good.
  • Keisha negotiating with her parents and friends to give them a share of profit if they rendered their goods and services and asking permission from her principal is an entrepreneurial tactic which she is using to make her cupcakes sale successful.
0 0
4 years ago
The Dale family and the McArdle family live on the same street and have yard sales on the same day. The Dale family price their
harkovskaia [24]
Price and non-price competition, depends what your choices are though
6 0
3 years ago
taggart inc. is considering a project that has the following cash flow data. what is the project's payback?
Kipish [7]

The project that taggart inc. is thinking about has the following cash flow information. the project's return on investment 1.30 years

The Scottish detective drama Taggart, which STV Studios produced for the ITV network, was the brainchild of Glenn Chandler. Numerous the episodes were written by Chandler as well. The miniseries "Killer" was first broadcast from September 6 to September 20, 1983, before being picked up for a full season that ran from 2 July 1985 to 7 November 2010. However, other locales in Greater Glasgow and other regions of Scotland were occasionally utilised. The detectives at the Strathclyde Police's Maryhill CID served as the center of the early storylines. The team worked in the fictitious John Street police station. Jim Taggart's on-screen counterpart, Mark McManus, died in 1994. But the same-named series continued indefinitely.

Learn more about Taggart here

brainly.com/question/23356891

#SPJ4

4 0
1 year ago
Determining PB Ratio for Companies with Different Returns Assume that the present value of expected ROPI follows a perpetuity wi
-Dominant- [34]

Answer:

Pb R atio:

For company A = 2.375

For company B = 1.5

Explanation:

As per the data given in the question,

ROPI = NDA (RNOA - WACC)

For Company A 100 × (21%-10%)

For Company B 100 × (14%-10%)

Present value of ROPI = (ROPI ÷ (1+WACC)) ÷ [1-(1+g) ÷ (1+WACC)]

For Company A = (11 ÷ (1+0.10)) ÷ [1-(1+0.02) ÷ (1+0.10)]

= $137.50

For Company B = (4 ÷ (1+0.10)) ÷ [1-(1+0.02) ÷ (1+0.10)]

= $50

Market value of equity = NOA + present value of ROPI

= $100 + 137.50 = $237.50(Company A)

= $100 + $50 = $150(Company B)

Pb Ratio = Market value of equity ÷ Book value of equity

For company A = $237.50÷100 = 2.375

For company B = $150÷100 = 1.5

4 0
3 years ago
If an economy is operating on its production possibilities curve for consumer goods and capital goods, this means that: a. it is
DIA [1.3K]

Answer:

d. more consumer goods can only be produced at the cost of fewer capital goods.

Explanation:

The production possibility curve is a curve that shows the two combinations of goods and services produced in an economy when its resocurces are fully employed.

To increase the production of one good, more quantity of the other good has to be given up.

The opportunity cost of production increases as more quantity of one good is produced.

In this question, to produce more consumer goods, fewer capital goods would be produced.

I hope my answer helps you

6 0
4 years ago
Other questions:
  • Nokia is a cell phone brand that offers digital cameras as part of its cell phone products. It is now in direct competition with
    6·1 answer
  • As demand for goods increased, cottage industries were not able to keep up. The _______ system developed to meet this growing ne
    13·1 answer
  • Jerry has inherited an Excel sheet that lists all of the system requirements for his team's new project. But unfortunately, his
    6·1 answer
  • International investment returns Personal Finance Problem Joe​ Martinez, a U.S. citizen living in​ Brownsville, Texas, invested
    10·1 answer
  • Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was
    7·1 answer
  • In a competitive market with identical firms,
    8·1 answer
  • Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third-quarter
    9·1 answer
  • If you make an initial deposit of $2,500 in your money market account that earns 6% APR compounded daily, and you deposit $100 a
    5·1 answer
  • In the context of intergroup conflict, managers should encourage social interactions across groups so that:
    12·1 answer
  • What is a key factor you should consider when determining asset allocation
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!