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Food Selling Price v3

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 23, 2015, 11:33:51 PM
Selling Price=Item Food Cost+Desired Item Contribution Margin
dicm
ifc
Tags
Operation Management Food Price
UUID
4619a58f-3193-11e5-a3bb-bc764e2038f2

This equation computes the selling price of a food item by taking into account the food's item contribution margin and item cost.

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print
This equation, Food Selling Price v3, is used in 2 pages
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