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Food cost = (cost of goods - inventory) / gross food sales
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∙ 15y ago
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What is formula of food cost calculation?
Cost of goods less inventory divided by Gross Food Sales
What is the formula for finding out food cost percentage?
The cost of the food divided by the weight of the food in ounces will give you the cost per ounce. Multiply by 16 to get the cost per pound.
What is mathmatic formula for food cost calculation?
Cost Of Food __________ Food Sales Cost of Food Divided by Food sales will give you a decimal amount which you can then convert to a percentage. example: $25,780 Cost of Food Divided by $64,575 Food Sales= .399225 or 39.9% then rounded to 40%
What is the formula to work out sale price if you have the cost and the margin?
food cost $3.36food cost% 32accompaniment garnish cost $ 2.40Sales prise ?
What does is mean in a mathamatical equation?
equals
What formula do you use in the food business to figure how much over and above food cost to make profit?
Theoretically you always want to keep your real food cost below 33% of your food sales. To figure out your food cost percentage you simply divide your cost of food by your food sales, then move the decimal. I aim for a 28% food cost in the hopes that it falls at or below 33% in reality. If your real food cost is below 33% and your other areas of cost are under control, you should be turning a profit.
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cube3 example: m3
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1 km
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misouri
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(A- + 02) + (A+ 02) = lightning
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Production cost formula?
cost of production formula
