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###### 4.Arestaurant uses the ratio method of pricing: It has annual nonfood costs of S800,000 and desires a profit of $150,000.Last year the restaurant spent S400,000 on food costs What will be the selling price of an item with food cost of $5.00? (6pts)

4.Arestaurant uses the ratio method of pricing: It has annual nonfood costs of S800,000 and desires a profit of $150,000.Last year the restaurant spent S400,000 on food costs What will be the selling price of an item with food cost of $5.00? (6pts)

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