MODULE 6 Flashcards
Cost of the materials used in producing the food to be sold. It is the cost of food consumed less the cost of staff meals
Food Cost
Food Cost formula?
Food Cost = Opening Stock + Purchase - Closing Stock of the Day
Process of identifying and reducing business expense to increase profit, and it starts with the budgeting process
Cost Control
Formula for food costing?
FC = OS + (P-PR) - CS
FC = ?
OS = ?
P = ?
PR = ?
CS = ?
- FOOD COST
- OPENING STOCK
- PURCHASES
- PURCHASE RETURN
- COST OF STAFF MEAL
Basic Conversions:
3 tsp = ?
3 tsp = 1Tbsp = 15ml (liquid) =15g (dry)
1tsp = ?
5 ml
Basic Conversions:
2Tbsp = ?
15 or 14.3g
2Tbsp = 1floz. = 30ml (liquid)
=30g (dry)
30g or 28.35
Basic Conversions:
16Tbsp = ?
16Tbsp = 1 cup = 240ml (liquid) = 250g(dry)
Basic Conversions:
1 cup = ?
1 cup = 8floz. = 240ml = 250g(dry)
Basic Conversions:
16 weight ounces = ?
16 weight ounces = 1lbs = 454.54g
Basic Conversions:
1kg =?
1kg = 1000g = 2.2lbs
Basic Conversions:
1 liter = ?
1 liter = 1000ml
Basic Conversions:
1 gal = ?
1 gal = 3.75 liters/3.8 liters = 16 cups = 128 ounces
Basic Conversions:
1 qt = ?
1qt = 2 pints = 4 cups = 32 ounces = 950 ml
Basic Conversions:
1 ounce = ?
1ounce = 2Tbsp = 30ml
Recipe cost sheet includes:
- Date
- Name of dish
- Number of portion
- Quantity of each ingre.
- Name of ingre.
- Cost of each unit
- Total food/recipe cost
- Cost per portion
APC
As Purhcased Cost
APWt.
As Purchased Weight
EP
Edible Portion
EPC
Edible Portion Cost
EPWt
Edible Portion Weight
YF
Yield Factor
Y%
Yield Percentage
The commodity’s market price
APC
The commodity’s weight with its skin or peel
APWt.
The commodity’s eaten part minus its trimmings
EP
The cost of the eaten part of the commodity
EPC
The weight of the eaten part of the commodity
EPWt.
A provision for the normal loss that occurs in cooking process
YF
Percent ratio of the weight of the product obtained to the theoretical yield. The product is multiplied by 100
Y%
EP Cost per ( unit) formula
Formula 1
EP Cost per (unit) = AP Cost per x yield factor (unit)
EP Cost per (unit)
Formula 2
EP Cost per (unit) = AP Cost/EP wt. x 1000g
YF formula
YF = 100/yield%
Yield% formula
Y% = EP weight/AP weight x 100
Recipe costing formula
Standard Portion Cost = Unit cost/Portions in the Unit
ex. 1 block butter @ 64Php/225g = .28Php per gram
Recipe yield calculation
AP/EP
EP weight formula
EPwt. = AP weight - Trim/waste