Calculating Costs (With Answers) Page 11
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28Step 2: Calculate Daily Revenue Lunch
Column A
Column B
Column C
*
Record the number of
Enter the reimbursement
Multiply Column A figures by
lunch meals served
figure or price charged for
Column B figures to get total
by category.
each meal category.
revenue by category
■ On Line 8 enter total a la carte
sales from cash register record
■ Total Column C to determine total
daily lunch revenue
Activity
Use the sample figures below to calculate daily revenue for lunch.
Sample figures
Paid meals
250
Federal Reimbursement*
Reduced meals
382
Paid
$0.20
Free meals
100
Reduced
$1.74
Paid student price
$1.50
Free
$2.14
Reduced student price
$0.40
State/Local Reimbursement
$0.00
Adult cash sales
3
A la carte sales
$15.00
Adult paid price
$2.00
*
Value uses the less than 60% free and reduced 2003 school lunch rates
Calculating Costs - 11
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