Restaurants, caterers and other foodservice businesses use a standard food cost formula to determine their profit margin on food sales. A profitable restaurant normally has a food-cost percentage of anywhere from 28 to 35 percent.Know More
To calculate food costs for a specific month, restaurant owners add the value of the inventory at the beginning of the month to the cost of any purchases made throughout the month. They then subtract the value of the inventory left at the end of the month to determine food costs and divide food costs by gross sales for the month to get a food cost percentage.
Food costs vary based on the type of restaurant. A fast-food or casual dining restaurant normally has a lower food-cost percentage than a fine dining establishment.
Natural gas costs can be lowered by installing new gas appliances, sealing up any leaks, reducing water temperature, cleaning filters, repairing broken parts of the system and turning down the thermostat by a couple degrees. The cost of natural gas incurred in every home is largely dependent on the weather outside, the design of the home and the ability of the people inside the home to limit energy consumption.Full Answer >
The average food budget for a single person is about $302 per month, according to LowerYourSpending.com. Based on data from the U.S. Department of Agriculture, LowerYourSpending.com notes that grocery spending within USDA guidelines ranges from about $198 to about $450 depending on the person's age and other factors.Full Answer >
Doctors determine the price of bilateral digital diagnostic mammographies by including the costs of the imaging and interpretation of the scans, according to Healthcare Bluebook. In-office tests may have x-rays, mammography, ultrasounds and bone density readings of the area. Examinations normally range from $246 to $313, as of 2015.Full Answer >
To determine the total magnification of an image viewed through a microscope, multiply the power of the eyepiece or ocular lens by the power of the objective lens. If the magnification power of the ocular lens is 10x and that of the objective lens is 4x, total magnification is 40x.Full Answer >