Recipe Costing Product Study Pops Ingredient Cost per Recipe $1.23 Recipe Yield (Number of Units) 5000 Ingredient Cost per Unit $0.10 Unit Description 100 units per box Price per Unit $0.49 Food Cost % of Prlce 21% Target Cost as % of Price 25% Price needed to Hit Target $0.41 Definitions EP = Edlhle Portion after trlm AP$ = A5 Purchased cost (out of the box) EPS = Edible Portion cost Unit = Measurement used in recipe for production. APSIUnit = As purchased cost per ingredient unit Yield % = Proportion 01 ingredient usable in recipe (e.g., less stems/peels/etc.) EPSIUnit = Edible purchase cost per ingredient unit (after calculations of yields) Ingredients Quantlg UL" As Purchased (AP) Prices AP Unlt Yield EP Unlt Water 70 gallon 98 ($7 per 5 gallons of clean water) $1.4000 100.00% $1.4000 Packed mint leaves 25 pound 219 ($72.99 per 10 pounds of mint leaves) $72990 83.30% $60801 Sugar 95 pound $156 per 110 pounds $01420 86.00% $01221 Light corn syrup 35 pound $50.99 per case (each case is 41 pounds) $1.2400 85.30% $1.0577 Pure peppermint extract 26 ounce $16 (per 320z.) $05000 81.00% $0.4050 Lollipop sticks 5200 unit $42.12 (100 sticks per bag 0.81 each) $00081 100.00% $00081 Cellophane wrappers 5200 unit $165 (15 per pack of 500 wappers) $00300 98.00% $00294 Food coloring 17.5 ounce $80 (10 per 2-ounce bottle) $50000 97.00% $48500 Preservatives 23 ounce 27 (only offered in 82 bottles for $9) $1.1250 96.00% $10800 Total 719.71