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How to Calculate the Food Cost of a Buffet?
How do we calculate food cost of a buffet?
One method I was told is to weigh the quantity of each item before dispensing it to the buffet & the Buffet cost = Cost of all the items (derived from the weight of all the items) divided by no of buffets sold. But isn't there a easy method? Like for a newly launched restaurant where daily dinner buffet is served & the menu changes everyday. Does the chef have to weigh each item to determine the cost of buffet per person to have an idea whether the selling price is right or not? |
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