The as-served cost of a kid's dinner special is $2.25. If the restaurant uses a target cost percentage of 35%, what is the targe
t price of the kid's dinner special?
1 answer:
Answer:
$3.0375
Step-by-step explanation:
Original price of dinner = $2.25
If cost percentage of 35%, then the additional cost paid will be;
35% * 2.25
= 0.35 * 2.25
= $0.7875
Target price = Original price + additional cost
Target price = $2.25 + $0.7875
Target price = $3.0375
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Source: YourDictionary
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