What Is The Formula Used To Calculate A Food Cost

var foodCost = \”\”;
var actualCost = \”\”;
var sellingPrice = \”\”;
var profitMargin = \”\”;
var profitAmount = \”\”;
var targetFoodCost = \”\”;\n\nfunction calculateFoodCost() {\n foodCost = (parseFloat(actualCost) / parseFloat(sellingPrice)) * 100;\n profitMargin = 100 – foodCost;\n profitAmount = parseFloat(sellingPrice) – parseFloat(actualCost);\n targetFoodCost = (parseFloat(actualCost) / 0.35).toFixed(2);\n\n document.getElementById(\”foodCost\”).innerHTML = foodCost.toFixed(2);\n document.getElementById(\”profitMargin\”).innerHTML = profitMargin.toFixed(2);\n document.getElementById(\”profitAmount\”).innerHTML = profitAmount.toFixed(2);\n document.getElementById(\”targetFoodCost\”).innerHTML = targetFoodCost;\n}\n\nfunction copyResults() {\n var results = \”Food Cost: \” + foodCost.toFixed(2) + \”%\\n\”;\n results += \”Profit Margin: \” + profitMargin.toFixed(2) + \”%\\n\”;\n results += \”Profit Amount: \” + profitAmount.toFixed(2) + \”\\n\”;\n results += \”Target Food Cost: \” + targetFoodCost;\n navigator.clipboard.writeText(results);\n}\n\nfunction resetFields() {\n document.getElementById(\”actualCost\”).value = \”\”;\n document.getElementById(\”sellingPrice\”).value = \”\”;\n document.getElementById(\”foodCost\”).innerHTML = \”\”;\n document.getElementById(\”profitMargin\”).innerHTML = \”\”;\n document.getElementById(\”profitAmount\”).innerHTML = \”\”;\n document.getElementById(\”targetFoodCost\”).innerHTML = \”\”;\n}\n\n\n\n \n \n Food Cost Calculator Formula\n

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Food Cost Calculator Formula

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Food Cost:

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Profit Margin:

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Profit Amount:

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Target Food Cost:

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Variable Description Unit Typical Range
Actual Cost Total cost of all ingredients used in the dish Currency Varies
Selling Price Price at which the dish is sold to customers Currency Varies
Food Cost Percentage of selling price that goes towards ingredient costs % 25-35%
Profit Margin Percentage of selling price that is profit % 65-75%
Profit Amount Actual profit in currency after deducting food costs Currency Varies
Target Food Cost Ideal food cost percentage for optimal profitability % 35%

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