Product Cost Percentage and Product Contribution Margin Are the Two

question 5

True/False

Product cost percentage and product contribution margin are the two primary methods used to establish foodservice prices.

---

Definitions:

Foreign Manufacturer

A company that produces goods in a country other than where the goods are sold or consumed.

Danish Krone

The recognized monetary unit of Denmark, which is also utilized in Greenland and the Faroe Islands.

British Pound

The currency of the United Kingdom, represented as GBP (£).

U.S. Citizen

A person who has acquired citizenship status of the United States of America through birth or naturalization.