Standard Recipe Costing Format For F&B | Hotels | Restaurants
The menu costing is one of the main factors in the ‘Menu Planning’. All recipes or menus should be cost-effective, and the Food and Beverage department in the hotels/restaurants should plan menus that meet financial goals. This will ensure that the restaurants can attain their profit objectives, product costs, etc. which the menu often dictates fall within a specific price range.
Regardless of the type of restaurant operation that the F&B department is planning for, they must select menu items that are within the operations budget and its estimate of allowed food expenses.