How to Calculate Food Cost Percentage?

Answer

It is rather simple to calculate the food cost percentage. The formula is: portion cost divided by the menu/food cost multiplied by 100 percent. For example: It costs $3.00 to produce the food and you buy it for $6.00. Take $3.00/$6.00 = .5. Now take .5 multiplied by 100 percent and you get 50 percent. Food Cost Percentage www.members.shaw.ca
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Q&A Related to "How to Calculate Food Cost Percentage"
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1. Find the price of the item in question that was the last price you paid at some previous time (such as a month or year ago) Ad. 2. Find the current price of that same item. Make
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divide the cost by the net sale. is that the best way or and will it get you to a accurate percentage?
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1 Additional Answer
You would calculate the food cost percentage by the net sale. If you were to cater a get together and charged $1000 and the food used for preparation came to $370, you would take 370 divided by 1000 which would be 37%.
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