Subtrahend minus Minuend equals Difference.
____________________ ____________________ ____________________ calculates
the level of economic activity where the operation neither makes a profit nor incurs a
loss.
Ribs of pork weigh 17 pounds and cost $2.46 per pound. What is the total cost of the
ribs? $_______________
What is the menu price using the multiplier of 3 if the raw food cost is $4.86?
$_______________
The gross margin or gross profit is found by subtracting the cost of food sold from the
total sales.
Determine the menu price for the following. Round to the nearest cent.
The raw food cost is $5.90, and the markup rate is 2/3. $_______________
____________________ ____________________ is the expense that remains constant,
regardless of the amount of goods that are sold.