Food cost per meal is a metric used to determine the average cost of food for each meal prepared. This calculation is essential for budgeting, menu pricing, and financial planning in various settings such as restaurants, catering services, and household meal planning. By understanding the food cost per meal, one can make informed decisions about purchasing, menu adjustments, and cost-saving measures.
Let's assume your total food cost is $150.00 and the number of meals is 30.
\[ C_m = \frac{C_t}{N} = \frac{150}{30} = 5 \]
The food cost per meal is $5.00.
Let's assume your total food cost is $200.00 and the number of meals is 40.
\[ C_m = \frac{C_t}{N} = \frac{200}{40} = 5 \]
The food cost per meal is $5.00.
