2. Bill owns Bill's Burger Barn, and he is dissatisfied with his consistently high food...
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2. Bill owns Bill's Burger Barn, and he is dissatisfied with his consistently high food cost percentage. In an effort to drop his food cost percentage below 35 percent, he has decided to incorporate price blending into his pricing. strategy. He has developed three combo items, and he wants to find out if his food cost percentage has been lowered after the first week of sales. (1) Help Bill calculate the food cost percentage for his combo items, Fill in the blanks in the charts bolow Should Bill continue with this pricing strategy? Why or why not? (3 points)
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