Food Pricing Factor
Pricing Factor=1.00Desired Item Food Cost %
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The Food Pricing Factor is why the price of a food item tends to approach the cost of producing it.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
- Wikipedia. Wikimedia Foundation, n.d. Web. 07 Aug. 2015.
