Using the Chef's Magic Circle, Complete the Following

question 7

Short Answer

Using the Chef's Magic Circle, complete the following. Round percent answers to the nearest hundredth and money answers to the nearest cent. In July, The Yellow Submarine Restaurant calculated a revenue of $59,970 with a 30.00% food cost percentage for the month. What were their food costs for the month? $_______________

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Definitions:

Refrigeration Equipment

Refrigeration Equipment comprises devices and machinery used to keep food, drinks, and other perishables at a low temperature to preserve their quality over time.

Third-party Answer Technique

A sales strategy where the salesperson introduces the opinions or experiences of a third party to validate the product or service and reduce buyer skepticism.

Objections

Concerns or reasons given by a potential buyer against making a purchase, which salespeople aim to overcome.