Short Answer
A restaurant uses the Desired Ingredient Cost Mark-Up (DICMU) method of menu pricing. They have a policy of ensuring that for all meals ingredients cost 12.5% of the overall menu price. The table has the purchase prices of a beef dish (all in local currency). What price will the restaurant charge for this meal?
A. 5.6
B. 18.1
C. 44.8
D. 70
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