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What is food cost control?
Food cost control refers to the measures that are put in place to control the prices of food.
What is control foods?
Food cost control refers to the measures that are put in place to control the prices of food.
What is the importance of food cost control?
The importance of food cost control is to maintain profit margins for the business. In a restaurant food costs and labor are the highest expenses to the business.
What has the author Clement Ojugo written?
Clement Ojugo has written: 'Practical Food and Beverage Cost Control' -- subject(s): Food service, Cost control
Is food cost high because you purchased too much?
Food cost is a percentage created from a lot of variable factors. Waste, Theft, and the actual varience of the foods cost through out the month factor in to your food cost. If you keep control of your waste by avoiding mistakes and keeping track of and compansate for all waste and control foor givin away or going out the back door you will have a low food cost percentage of your profits.
What formula do you use in the food business to figure how much over and above food cost to make profit?
Theoretically you always want to keep your real food cost below 33% of your food sales. To figure out your food cost percentage you simply divide your cost of food by your food sales, then move the decimal. I aim for a 28% food cost in the hopes that it falls at or below 33% in reality. If your real food cost is below 33% and your other areas of cost are under control, you should be turning a profit.
How do you define food cost?
FOOD COST- ($)COST YOU SPEND ON FOOD( WHICH IS ALOT) :D
Mathamatical formula for food cost?
Food cost = (cost of goods - inventory) / gross food sales
What is the cost of food in china?
Food cost $5
What is food cost percentage?
total use of food cost divided by net sales is food cost percentage
Importance of cost control in project management?
Importance of cost control in project management?
How do you know percentage of food cost against sales?
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.
