Shaniqua s restaurant utilizes a contribution margin pricing system. She would like the selling price of a new menu item she is introducing to be $10.00. Her required contribution margin is $4.00. Her labor costs are 30%. What is the amount her kitchen staff can spend on product cost when making the item?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Shaniqua s restaurant utilizes a contribution margin pricing system. She would like the selling price of a new menu item she is introducing ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Ben lost his job when his employer moved its plant. During 由eye矶he collected unemployment benefits for three months, a total of $1,800. While he was waiting to hear from prospective employers, he painted his hot1se.
Answers (1)
Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment options is Torie more likely to choose than Faisal?
Answers (1)
Ryan, a professional bass fisherman, is trying to determine which lure is most effective on wakeby lake-the plastic worm he normally uses, or the new minnow-style lure he bought yesterday. based on this scenario, what would constitute the control?
Answers (1)
Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $58,000, and Martin's capital balance $55,000. Hewlett and Martin have agreed to share equally in income or loss.
Answers (1)
The next model of a sports car will cost 12.3% more than the current model. the current model costs $52,000. how much will the price increase in dollars? what will be the price of the next model?
Answers (1)
New Questions in Business
During the last two centuries, after adjustment for inflation, a. corporate bonds have yielded an average annual real return of approximately 7 percent, compared to an average real return of about 3 percent for corporate stocks. b.
Answers (1)
Eaton Electronics uses a periodic inventory system. On March 31, Eaton has two plasma TVs on hand at a cost of $1,800 each (serial numbers 11534892 and 11534894).
Answers (1)
When I called about the cost of these items, it was implied that my total would only be $35.00
Answers (1)
EB4. LO 3.1A product has a sales price of $90 and a per-unit contribution margin of $30. What is the contribution margin ratio?
Answers (1)
Tuna eat sardines and other small fish. Suppose the consumption efficiency of tuna is 40%, the assimilation efficiency is 30%, and the production efficiency is 20%.
Answers (1)