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U13 - Financial Analysis and budgeting U2 (HRMVIM Group z) Calculate the Contribution Margin % of a few items on your menu: 1
U13 - Financial Analysis and budgeting U2 (HRMVIM Group z) Calculate the Contribution Margin % of a few items on your menu: 1. Menu item A 2. Menu item B 3. Menu item C 4. Menu item D 5. Menu item E Contribution Total Total Margin % Menu Portion Total Food Contribution Menu Item Total Items Sold Price Cost Food Cost Sales S S Margin (% of total S S S contribution from all menu items) Menu item A 8 12.99 7 Menu item B 12 11.99 4.22 Menu item C 10.99 7 Menu item D 14.99 4.75 Menu item E 19.99 3.25 Total A B I
Expert Solution
Contribution Margin %
A - 13%
B - 26%
C - 16%
D - 17%
E -28%
Step-by-step explanation
Total Food Contribution Margin % Total Foods Total Total Cost from all menu items Menu Portion Sales Items Price Contribution (Item Sold (Item Sold (Contribution Margin Item Cost Sold X Portion Margin of Menu Item divided X Price) (Sales - Cost) by Total Contribution Cost) Margin) 8 12.99 7 103.92 56 47.92 13% 12 11.99 4.22 143.88 50.64 93.24 26% 14 10.99 7 153.86 98 55.86 16% 6 14.99 4.75 89.94 28.5 61.44 17% 15 9.99 3.35 149.85 50.25 99.6 28% Total 641.45 283.39 358.06 100%
Formula is:
| Selling Price |
| Less: Variable Cost |
| Contribution Margin |
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