Divide your total food costs by your total revenue from food to calculate your food cost percentage. A financially healthy restaurant typically has food costs between 25 and 35 percent ...

while quick service restaurants tend to have lower food cost percentages. How do you figure out food cost? You can calculate your food cost percentage by adding the value of your inventory at the ...

It makes sense to calculate their percentage overages next. Using the same math, the materials cost was 5.4% over budget, and the equipment rental was 4.7% over budget. Neither of these overages ...

In order to find out what percentage of your food costs you will have to add up your beginning inventory and purchases, and subtract the value of your ending inventory. You can then divide the result ...

To calculate gross margin, subtract the cost of goods sold from revenue and divide that number by total revenue. You then multiply this by 100 to get a percentage. Companies use comparative ...

Calculate net profit margin by dividing net income by total revenue and multiplying by 100. Net profit margin helps compare profitability across businesses and historical performance. Monitoring ...

Calculate over-budget percentages by subtracting budgeted amounts from actual costs. Analyze specific items in your budget to pinpoint where overages occur, aiding targeted adjustments.