(Choose 1 answer)
A restaurant has nonfood costs of $485,000 and desires a profit of $130,000. It has forecasted annual sales of 150,000 customers and an item on the menu costs $5. What will be the selling price for this item using the contribution margin method of pricing?
A. $9.10
B. $7.9
C. $10.8
D. $9.8
E31
