3. Larry Barger is the F&B Director at the Golden Rose Reception Hall Larry's operation...

90.2K

Verified Solution

Question

Accounting

image
image
3. Larry Barger is the F&B Director at the Golden Rose Reception Hall Larry's operation is a favorite local choice for wedding receptions and other special banquet events. Larry sells the following three different popular dinner pack- ages at varying price points to appeal to a range of guests. Yellow Rose Package White Rose Package Golden Rose Package $29.95 $39.95 $49.95 Larry wants to know his food cost percentage on each package he offers. Help him complete the work sheets he has prepared and then answer the questions that follow. The Golden Rose Packages Yellow Rose Package White Rose Package Golden Rose Package Item Cost ($) Item Cost ($) Item Cost (5) Appetizer Minestrone 1.25 Onion Soup 1.70 Crab Cake 2.25 Entre Roast Chicken 2.25 Braised Beef Ribs 4.25 Filet Mignon 6.50 Side Yellow Rice 0.25 Roasted Redskins 0.65 Duchesse Potatoes 0.75 (continued) Cost ($) The Golden Rose Packages (Continued) Yellow Rose Package Item Cost ($) Side Steamed 0.50 Broccoli Bread Dinner Rolls 1.00 Dessert White Cake 0.75 Beverage Coffee/Tea 1.25 0.95 White Rose Package Item Cost ($) Bacon Green 0.75 Beans Basil Loaf 1.25 Almond Torte 1.25 Coffee/Tea 1.25 Golden Rose Package Item Bearnaise Asparagus French Loaf Poached Pears 1.85 Coffee/Tea/ 4.10 House Wine Total Cost Food Cost % 1.55 Total Cost Food Cost Total Cost Food Cost a. What would be Larry's food cost percentage if 100% of his guests chose the Yellow Rose Package? b. What would be Larry's food cost percentage if 100% of his guests chose the White Rose Package? c. What would be Larry's food cost percentage if 100% of his guests chose the Golden Rose Package? d. What would be Larry's total food cost percentage if one third of his guests chose cach of the three different packages he offers

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students