How to calculate food cost per plate with success
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Simply divide the selling price into the plate cost for the food cost ratio and multiply the ratio by 100 for the food cost percentage. In this case, take the cost of the food and divide it by the percentage food cost you wish to achieve, multiply by 100 to find the selling price and add the vat. Calculate the cost and gross profit of american foods group products in order to make more informed, profitable decisions for your business.
This is done by dividing £9.95 (selling price) by 1.2.
To calculate the gp% you have to do the following calculations: Lastly, divide each gram with the ingredient’s total cost, and you will get the result. Food cost percentage = total costs of ingredients / sale price Figure out your fixed cost per meal served.