Quantcast
Typesetting math: 100%

Weighted Average Food Cost %

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 25, 2015, 3:32:24 AM
Weighted Average Food Cost %=fcts
(fc)Average Total Food Cost
(ts)Average Total Sales

The Weighted Average Food Cost % calculator computes the weighted average of food cost percentage. The weighted average formula is used to calculate the average value of a particular set of numbers with different levels of relevance. The relevance of each number is called its weight. The weights should be represented as a percentage of the total relevancy. 

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Weighted Average." FinanceFormulas.net. N.p., n.d. Web. 07 Aug. 2015.
This equation, Weighted Average Food Cost %, is used in 2 pages
  • Comments
  • Attachments
  • Stats
No comments
This site uses cookies to give you the best, most relevant experience. By continuing to browse the site you are agreeing to our use of cookies.