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Explain the concepts of Cost of Goods Sold, yield testing, sales/menu mix, and menu engineering, and cost out a food menu item and a beverage menu item.

Explain how to plan and develop a food and beverage menu,

Describe the factors that influence menu design,
differentiate between theoretical and actual product costs,

Explain the concepts of Cost of Goods Sold, yield testing, sales/menu mix, and menu engineering, and cost out a food menu item and a beverage menu item.