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The Food Cost % for a Hotel calculator computes the percentage of food cost for a hotel using the food sales over the total revenue.
INSTRUCTIONS: Enter the following:
- (fc) This is the total food cost for the hotel.
- (tr) This is the total revenue for the hotel.
Food Cost%: The calculator returns the percent of the total revenue associated with the cost of food.
Currency Note: The calculator handles multiple currencies and provides real-time conversions.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.