Whether you are running a restaurant or just want to find out how much it costs to prepare a dish, the Recipe Cost Calculator will help you to do just this. The template can calculate cost of the main and additional ingredients used in preparation of your dish along with the actual cost of preparation, such as labour cost or cost of the utilities.
Preparation of almost any product involves use of other products, materials and physical labour, calculation of which is absolutely vital, especially if you preparing it with purpose of gaining profit. Knowledge of true cost of your product is in direct correlation with success of business.
Calculating Cost of Dishes
Calculating cost of the dishes on the menu is a must for every restaurants, that are serious about making profit. Costing dishes of menu can help in achieving certain sales goals and in fact helps to minimise costs. Effective food cost control allows managers to establish correct and competitive sale prices, allows to achieve better profit targets for every individual dish as well as entire menu, establish certain dishes for daily special menu, but most importantly will help to identify items and ingredients that can contribute to generating desired profits.
Recipe Cost Calculatorfor Excel® 2003+ & OpenOffice
Recipe Cost Calculator is intended for providing help in preparation of the accurate cost for any dish of the menu.
You can calculate the cost of your dish by adding all primary and secondary ingredients, then add cost of preparation and utilities. You can also update spreadsheet with image of your dish and add a short description or instruction of preparation and allergies to create printable recipe specifications cards, which you can keep in your food specifications folder.
Spreadsheet can also help to determine profitability of your recipe, calculate the cost and profit margins of the single dish that helps to achieve certain cost targets and maximise profits.
We have added a simple switch between the imperial units of measure and metric units to the updated version of the recipe cost calculator, which gives you more options to use it with units of measure appropriate for your country.