Recipe Cost Calculator

Food is what makes everyone happy and puts a smile on everyone’s face! Food is a source of happiness that can be gotten easily and which fulfills the heart. And food made by one’s hand is the best of all! Many people enjoy cooking their food and searching for new and innovative recipes that they can make. For these recipes, they need to have certain ingredients that aren’t available in one’s pantries and in one’s kitchen. That’s why they run out to the store and fetch those ingredients.

Many times one doesn’t comprehend how expensive a recipe can get and that’s why many times is usually off the budget. This is why one needs to use a recipe cost calculator which calculates exactly how much a certain recipe will cost and if you’re on your budget.

For this one needs to enter several ingredients that one needs to buy and ingredients the recipe requires, how much each ingredient costs, and then upon pressing enter, one gets an average estimate of how much a recipe will cost. By using a recipe cost calculator one is not only getting an idea of how much money would one have to spend on a particular recipe but also would be able to adjust the budget accordingly and decide whether the recipe is worth the hassle. Note that this calculator gives an estimate and not an exact amount!

A recipe cost calculator is something that can help different businesses out. You can make this template which is not something tough to do. If you are running a restaurant or wish to figure out the cost present to preparing a dish, this calculator can help you. To find out more continue reading on.

Excel Template File: 451 KB

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What is a recipe cost calculator template?

This template can calculate the cost of the main as well as additional ingredients employed in the preparation of the dish and the actual cost involved in the preparation, like labor cost and cost of the utilities. The preparation of nearly any product requires the use of certain products, materials as well as physical labor. This calculation is necessary, especially when you are preparing this intending to get a profit.

How to create the calculator template?

You can tell that this calculator template is important. To make it you can consider the following points:

• Use Excel– Microsoft Excel can be used to make this calculator template.
• Details to include in the spreadsheet– You can include the date, dish name, estimated sales price, total cost, cost margin, and net profit of the particular dish. A pie chart of the cost distribution can even be made.
• Primary ingredients– Another area on the spreadsheet can list the primary ingredients. This can include the product name, quantity, cost (per unit), and total cost. This can be a table. The total of this can be calculated.
• Secondary ingredients- Below this another table listing secondary ingredients can be present. This will include the product name, quantity, cost, and total cost. The total can be calculated for this as well.
• Utility and preparation cost– This will include the total cost of preparation, gas, electricity, and water. The total can be calculated for this as well.
• Some other details– Allergies and preparation can even be included. At the end of the spreadsheet, you can state who the dish was prepared by, approved by, and their occupation.

Advantages:

• Businesses can calculate the cost of dishes to know the different costs of everything.
• Sales goals can be met and costs can be minimized when knowing where money is used.

A Recipe Cost Calculator template can be made in Microsoft Excel. This can help you know the cost of preparing different dishes.

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