Question:
The manager of Burger Barn wishes to determine the price to charge for various lunch plates. Discuss how managerial accounting information could be used.

Cost Volume Profit analysis is perhaps a better approach in price fixation although there are other methods available.

The issue is so lengthy that this forum is not an appropriate place. You need to study from the text books and quite a number of websites. This topic is also a part of a hotel management course.

Quote:

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Originally Posted by rehmanvohra

Cost Volume Profit analysis is perhaps a better approach in price fixation although there are other methods available.

The issue is so lengthy that this forum is not an appropriate place. You need to study from the text books and quite a number of websites. This topic is also a part of a hotel management course.

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Ok thanks