How to calculate food cost per serving with manual
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Start of month inventory = $30,000. How to calculate food cost per serving (or food cost per menu item): 1) multiply the magic number by the price per pound.
Calculate your total cost of goods sold (cogs).
This will calculate cost per ounce in column d. 1) multiply the magic number by the price per pound. Monthly food sales = $20,000. Total food cost percentage = (total cost of goods sold / total revenue) x 100.
