Question 10 Calculate the Menu price from the following: Item product cost $2. Item labour cost $.50, Overhead cost per item $.70, Desired per item Gross profit percentage 20%. $3.84 $.64 $3.20

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 10
Calculate the Menu price from the following: Item product cost $2, Item labour cost $.50, Overhead cost per
item $.70, Desired per item Gross profit percentage 20%.
$3.84
$.64
$3.20
Transcribed Image Text:Question 10 Calculate the Menu price from the following: Item product cost $2, Item labour cost $.50, Overhead cost per item $.70, Desired per item Gross profit percentage 20%. $3.84 $.64 $3.20
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