Formula of Cost percentage.
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- Calculate your Total Cost of Goods Sold (CoGS). ...
- Calculate your Total Revenue for the time period you're interested in examining. ...
- Divide Total CoGS by Total Revenue. ...
- Multiply your answer by 100 to reveal your Total Food Cost Percentage
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Answer:
THE FORMULA FOR FOOD COST PERCENTAGE IS
FOOD COST PERCENTAGE
= FOOD COST
_____________. ×100
FOOD SALE
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