How to calculate Food Cost Percentage (%) 

• The formula for calculating food cost percentage is: 
•  Total food cost percentage = (total cost of goods sold / total revenue) x 100
•  Example: Cost of goods sold $4,500 / Total Food Revenue $15,000
•  $4,500/$15,000 = 0.30
•  0.30 x 100 = 30%

 

Calculate the Food Cost %

• Sales for the period are $2500.00
• Beginning inventory is $700.00
• Food purchases were $350.00
• Ending Inventory is $375.00

  

 What is the food cost percentage?