Recipe costing is an important aspect of running a restaurant. By calculating how much a portion costs, a restaurant can determine how much profit they can make for a recipe. In addition, the cost of food is important for restaurants to keep track of total food cost. A restaurant must consider every aspect of a recipe including the pieces of ingredients that are usually thrown away.
There are many components of a recipe costing that you must know in order to calculate the total cost of a recipe and the cost per portion.
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There are many ways to set up a recipe costing template. Depending on the restaurant, type of foods, and the prices you want on the template, you may see a variety of recipe costing templates. Below is a variation of a recipe costing form.