Pricing

When pricing the menu, 30% of the profit from each menu Accordingly, we have fixed the price for the menu. And all the menus available are categorized as "Star menus." That means all the menus are highly profitable and popular among the customers.

Preliminary Selling Price = Standard Portion Cost / Desired Cost Percentage

Thirty percent is the desired cost percentage of a food item. By adding, the whole cost of a food item for the day is divided by the number of portions, giving the standard portion cost. According to the given formula, the primary selling price is fixed for the food item.