How To Calculate Food Cost For A Recipe. Next, multiply the total cost by 100 and divide it by your total sales. An easy way to calculate your costs is to:
Beyond serving as your digital cash register, a restaurant pos can calculate food cost percentages, cost of goods sold, cost per item per dish, and more. Instead, it accounts for the total costs and sales associated with each dish or menu item. In red, we’ve included a recommended retail price field, which simply multiplies your total cost per serving by 3, since your raw ingredient cost should be roughly 1/3 of your retail price.
The total cost of recipe $6.53 “because i had to buy all the ingredients”.
Use our food cost calculator below to calculate your food cost, edible cost, portion cost, menu and plate costs. Food cost is almost always expressed as a percentage known as food cost percentage, which we’ll cover further below. It’s incorrect to figure the entire cost of all the ingredients because you didn’t use all of the ingredients. While some restaurants use food cost to determine the price of making a dish for a restaurant, others prefer to use the cost of goods sold (cogs) , which measures the total value of inventory used to make a dish, down to the.