Catering cost accounting

Catering cost accounting is as follows:

The cost accounting method of catering enterprises is as follows: the calculation formula is: the cost of raw materials consumed this month = the balance of kitchen raw materials at the beginning of the month+the amount collected this month-the inventory at the end of the month.

The common formula for cost calculation of catering service industry is: raw material cost consumed in this period = raw materials purchased in this period+raw materials remaining at the end of the period, and cost price = purchase price/(finished product rate * feeding standard (quantity)).

Composition: Since production, sales and service are unified in the selling price, besides the cost of raw materials (main ingredients, ingredients and seasonings) and fuel, other expenses, such as personnel salary, rent, taxes and fees, water and electricity expenses, management expenses, etc.

It's difficult to divide the prices one by one. Therefore, the traditional custom of catering industry is that the product cost is only the cost of main ingredients, ingredients, spices and fuel. Operating expenses are expressed in other percentages, for example, 30%, 40%, 50% and 60% of gross profit.

Characteristics of cost accounting methods in catering industry;

Variable cost ratio is very important.

In the cost of the catering department, in addition to catering products and beverages, there are also some variable costs such as material consumption in operating expenses. These costs and expenses increase in direct proportion with the increase of sales volume. This feature means that the discount of catering price cannot be as big as the customer's price.

Controllable cost rate is important.

Except for uncontrollable expenses such as depreciation, overhaul and maintenance in operating costs, most other expenses and catering raw material costs are controllable by catering managers. The amount of these costs is directly related to the quality of cost control by managers, and these costs and expenses account for a large proportion of operating income.