`"Selling Price" = "ifc" * "ns" `

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The Total Food Cost calculator computes the total cost of food. Total cost is the overall opportunity cost incurred by a firm in production.  It is the product of the of individual food item production cost and the total number processed or produced.

Resource:

• Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
• "Total Cost" AmosWEB Is Economics: Encyclonomic WEB*pedia. N.p., n.d. Web. 07 Aug. 2015.