Food cost food sales food cost percentage Food cost 8500 Food sales 27490 Food cost 8500 27490 309 Spent 309 cents on food from every dollar of sales. Food cost percentage. A percentage that indicates how the cost of food relates to the menu prices and food sales of a foodservice operation Menu-Item Food Cost Percentage the AS cost of a menu item divided by the menu price written as a percent.
It makes sense since according to LeanPath 4-10 of food purchased by a restaurant or foodservice operation is discarded before ever reaching a guest.
Once youve calculated your food cost percentage or tracked it over several months you should be in a better position to develop strategies that help save on food and increase margins. Selling Price x FC FC. Typical food cost percentages run 20-40 of the overall operating cost of an establishment. The basic food cost formula.