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Food Cost %

`"Food Cost %" = "Cost of Food Sold" / "Food Sales" `
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The Cost of Food% calculator computes the percentage of food sales allocated to the cost of the base food products.  Using the Cost of Food Sold over the Food Sales, this equation computes the percentage of the food cost.

Resource:

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