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FOOD COST- ($)COST YOU SPEND ON FOOD( WHICH IS ALOT) :D

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FOOD COST- ($)COST YOU SPEND ON FOOD( WHICH IS ALOT) :D

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Food cost = (cost of goods - inventory) / gross food sales

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Food cost $5

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total use of food cost divided by net sales is food cost percentage

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If you know the food cost against sales, it is 100*(food cost)/sales.

If you do not know food cost or sales, you cannot know the answer.

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Economics

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