4. From the information given find the overall foodcost. (Show all workings).ItemsSalesHot Dog45.2Ice Tea15.3Wedges22.4SalePercent of Food Cost$375.1% of Dollar35.0$22022.0$35024.0$212Beverages17.1Total30.0$1157100.0

The above question is from the subject : Economics The answer to the question is given below:

4. From the information given find the overall food cost. (Show all workings). Items Sales Hot Dog 45.2 Ice Tea 15.3 Sale Percent of Food Cost $375. 1% of Dollar 35.0 $220 22.0 $350 Wedges 22.4 24.0 $212 Beverages 17.1 Total 30.0 $1157 100.0

4. From the information given find the overall food cost. (Show all workings). Items Sales Hot Dog 45.2 Ice Tea 15.3 Sale Percent of Food Cost $375. 1% of Dollar 35.0 $220 22.0 $350 Wedges 22.4 24.0 $212 Beverages 17.1 Total 30.0 $1157 100.0

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Concept explainers

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.

Question

4. From the information given find the overall food
cost. (Show all workings).
Items
Sales
Hot Dog
45.2
Ice Tea
15.3
Wedges
22.4
Sale
Percent of Food Cost
$375.
1% of Dollar
35.0
$220
22.0
$350
24.0
$212
Beverages
17.1
Total
30.0
$1157
100.0

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