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Determine cost and selling price

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Reference no: EM133216205

In 3 to 5 substantial sentences, respond to the following prompt or question. Remember to always provide a well-reasoned argument, explaining why you arrived at your conclusion.

When pricing out a menu, we know it is important to use the Edible Portion Price. What would the effect on your profit margin be if we only used the As Purchased Price to determine our cost and selling price?

Reference no: EM133216205

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