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what is formula of food cost. Food cost percentage 0375 or 375. You can adjust your goal food and labor costs within this percentage as long as you dont go over 60.
Ideal Food Cost Percentage Total Cost Per Dish Total Sales Per Dish. This number is the total of all costs of goods sold and labor cost for the restaurant. The price you will use for your menu will be 1429.
Keep in mind that the industry average is depending on the type of business you are in 28 32.
Food cost percentage 0375 or 375. The Formula Food Cost Beginning Inventory Purchases Ending Inventory Food Sales Memorize this. The food cost calculator and food cost formula will help you prevent your costs from getting out of control. Ending inventory 11000 pounds.