To calculate the food cost percentage, divide the cost of food by the selling price and multiply by 100. The Food Cost Percentage Calculator helps determine the portion of sales revenue spent on food ingredients.
This metric is crucial in the food and hospitality industry for pricing strategies, maintaining profitability, and managing expenses. A balanced food cost percentage is vital to achieving a profitable yet competitive menu.
Formula:
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FCP = (COF / S) ∗ 100
Variable | Meaning |
---|---|
FCP | Food Cost Percentage |
COF | Cost of Food (Ingredient Cost) |
S | Selling Price of the Dish |
Solved Calculations
Example 1: Calculate Food Cost Percentage for a $10 Dish
Step | Calculation | Result |
---|---|---|
Cost of Food (COF) | $3.50 | – |
Selling Price (S) | $10.00 | – |
FCP Calculation | (3.50 / 10.00) ∗ 100 | 35% |
Example 2: Calculate Food Cost Percentage for a $25 Dish
Step | Calculation | Result |
---|---|---|
Cost of Food (COF) | $8.75 | – |
Selling Price (S) | $25.00 | – |
FCP Calculation | (8.75 / 25.00) ∗ 100 | 35% |