Food Selling Price v3
`"Selling Price" = "Item Food Cost" + "Desired Item Contribution Margin" `
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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
