Valuing Food and Beverage Cost by Calculation

the same as closing inventory for the previous period

• Purchases

• Opening inventory

• Closing inventory

• Purchases inventory

adds the value of all and stores purchasing during the period

• Total available

• Total cost

• Purchases

• Total purchase

cost recoveries and thus serve to decrease food cost in the period during which they occur

• Steward sales

• Transfers

• Chef Sales

• Cost

the dollar value of foods given away without charge at the bar that has been previously added to food cost.

• Revenue

• Sales

• hor’s d’oeuvres

• Gratis to bars

the dollar value of goods and services are given away to promote sales in an establishment

• Expenses

• Profit

• Promotion expenses

• Food and beverage cost

meals are provided on the premises for employee

• Employee meal

• food

• compensation

• cost

the value of all food issues

• Cost of food issues

• Cost of food sold

the value of all food used or consumed by the operation

• Cost of food issues

• Cost of food consume

the value amount of all food actually sold, thrown away , wasted or stolen.

• Cost of food sold

• Cost of food consume

any transfer between the kitchen and the bar

• transfer

• forward