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.Learn more about Household Budgets
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 >
Depending on the size, the color of the bottle, the design and the retailer, a S'well bottle costs approximately $20 to $45, as stated by the official S'well bottle website. The bottle is sold in a 9-ounce, 17-ounce and 25-ounce version, with the price increasing as the bottle gets larger.Full Answer >
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 >
To determine the square footage of a rectangle, multiply the length by the width. The answer is in given square units. For example, if a lawn is 20 feet by 30 feet, the measurement is 600 square feet. This is also referred to as "area."Full Answer >