Enter your ingredient cost, number of servings, and overhead cost into the calculator to determine the total cost per serving.
Recipe Cost Calculation Formula
The following formula is used to calculate the total cost per serving of your recipe.
Total Cost = (Ingredient Cost + (Ingredient Cost * Overhead Cost / 100)) / Number of Servings
Variables:
- Total Cost is the cost per serving of your recipe ($)
- Ingredient Cost is the total cost of ingredients ($)
- Overhead Cost is the percentage of overhead costs (%)
- Number of Servings is the total number of servings produced
To calculate the total cost per serving, add the overhead cost to the ingredient cost, and then divide by the number of servings.
What is Recipe Cost Calculation?
Recipe cost calculation refers to the process of determining the total cost of producing a recipe. This includes the cost of ingredients, overhead costs, and the number of servings. Proper recipe cost calculation ensures accurate pricing and budgeting for food production, whether in a home kitchen or a professional setting.
How to Calculate Recipe Cost?
The following steps outline how to calculate the total cost per serving of a recipe using the given formula.