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Item Food Cost %

Last modified by
on
Feb 22, 2023, 2:15:12 PM
Created by
on
Jul 23, 2015, 11:09:43 PM
Item Food Cost %=IFCSP
(IFC)Item Food Cost
(SP)Selling Price
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e726cee0-318f-11e5-a3bb-bc764e2038f2

The Item Food Cost Percentage calculator computes the percent cost based on the sale price and the item food cost.

INSTRUCTIONS: Choose units and enter the following:

  • (IFC) Item Food Cost
  • (SP) Sale Price

Item Food Cost Percentage (IFC%): The calculator returns the percent of the cost.

Using the Item Food Cost over the Selling Price, this equation computes the percentage of the item food cost.

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print

This equation, Item Food Cost %, is used in 2 pages
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