Food Cost Percentage Calculator
Choose period or single-item mode and enter amounts in the same currency to calculate food cost percentage.
A QUICK WALKTHROUGH
How to use this tool
- Choose period COGS mode or single-item mode.
- Enter amounts using the same currency; in period mode, use the same reporting period.
- Calculate the food cost percentage and review the formula.
Two formulas
Period COGS = beginning inventory + purchases − ending inventory; food cost % = COGS ÷ food sales × 100. Single item food cost % = item cost ÷ menu price × 100. Reference: https://digitalcommons.fiu.edu/record/9592/files/FI13101581.pdf
Scope
Amounts must use the same currency and period. Sales or menu price must be greater than zero. This is a cost percentage, not markup or gross margin.
GOOD TO KNOW
Common questions
What is period COGS?
Beginning inventory plus purchases minus ending inventory.
Can I mix currencies?
No. Use the same currency and period for every amount.