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what is formula of food cost. 1429 Price 400 Raw Food Cost of Item 28 Ideal Food Cost Percentage. To calculate the food cost percentage of an individual portion or menu item you simply add up the cost of the ingredients and divide that result by the menu price.
Food cost percentage 0375 or 375. Ending inventory 11000 pounds. The food cost calculator and food cost formula will help you prevent your costs from getting out of control.
You can adjust your goal food and labor costs within this percentage as long as you dont go over 60.
The complete equation will be as follows. Determine the price by dividing the purchase cost by the portion. The price you will use for your menu will be 1429. If you want to know how to calculate food cost at your restaurant just follow this simple food cost formula.