A Menu Item Sells for $11

question 1

Multiple Choice

A menu item sells for $11.95 and has a 40 percent food cost. Variable costs for the item are 25 percent and 250 servings are sold. What is the item's goal value?

• A) 435.98
• B) 543.23
• C) 590.34
• D) 627.38

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Definitions:

Environmental Force

External factors that impact an organization’s operations, including social, economic, technological, environmental, and political conditions.

Communicate

The process of transferring information, ideas, thoughts, feelings, and concepts from one person or entity to another through various means.

Exchange

Exchange is the act of giving one thing and receiving another in return, often referring to goods, services, or currencies between parties.

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Publications specifically designed to be read by passengers during flights, often containing travel articles, advertisements, and entertainment options.