1. prepare an invoice using the following guidelines friends of msu dinner for 200 guests january 12, 2017 cost of food $6500.00 using a food cost % of 30% to determine sales price cost of liquor, beer and wine $4200.00 mark up for .40% profit mark up the following by .50% • flowers $300.00 • ice carvings $100.00 • centerpieces $300.00 • linen $450.00 • rental of special tables and chairs $350.00 gratuities .22% gratuities on food, liquor, beer and wine only state sales tax .07% on everything including the gratuities