3 Ways to Cost a Recipe - wikiHow (2024)

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1Calculating Manually

2Using Online Tools

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Article Summary

Co-authored byOllie George Cigliano

Last Updated: April 5, 2024

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Whether you are starting a food service business or creating a family budget, it is important to know how much a meal costs. But with so many ingredients in a recipe, it can be difficult to determine the true cost of a recipe per serving. This article will tell you how to determine the cost per serving of a recipe in ten easy steps.

Calculating the Cost of a Recipe

  • Divide the quantity you need of an item by the total size of the item.
  • Multiply the answer by the cost of the item.
  • Add the calculated prices together and divide it by the number of servings.

Method 1

Method 1 of 2:

Calculating Manually

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  1. 1

    Create an ingredients list with the quantity required for each. If you have an online version of a recipe, or if you created the recipe yourself in the kitchen, write out the ingredients list. Next to each ingredient include how much is required.[1]

    • If you have a printed copy of the recipe, then this step is already done for you!
  2. 2

    Write down the price of any full units of ingredients that you are using. For ingredients that you are using the full amount that you purchased for the recipe, then you don’t need to calculate anything just yet. Put the amount that it cost next to it on the ingredients list that you wrote.[2]

    • For example, if you are using a full tin of diced tomatoes, or one whole avocado, then you can put the purchase price directly next to the item on the ingredients list.
    • Use your receipts or grocery store websites to find the price for each item.

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  3. 3

    Convert the measurement units to those that are used by the recipe. If the recipe uses a different unit of measurement than that stated on the packaging, then use a search engine to convert the packing unit to that stated on the ingredients list. For example, if an ingredient states 4 oz (113 g) of diced tomatoes, and the can was measured in grams, then use a search engine to convert the weight of the tomatoes in the can to ounces first.[3]

    • Common conversions include 3 tsp = 1 Tbsp.
    • 4 Tbsp = ¼ cup.
    • 2 Tbsp = ounce (volume).
    • 16 Tbsp = 1 cup.
  4. 4

    Divide the required amount by the full unit amount for partial ingredients. Most of your ingredients on your list will only be one part of the full unit that you purchased. To calculate the cost, divide the amount that the recipe requires by the full amount that is in the unit that you purchased. This gives you the proportion of the full unit that you will use for the recipe.[4]

    • Some recipes will call for specific amounts, such as 500 g (1.1 lb) of mince. This makes calculating how much you use easy, because if you bought a 1000 g (2.2 lb) pack it would be 500 / 1000, which works out to be 0.5.
    • For recipes that don’t specify a numerical quantity, and instead say a handful, a pinch, or a sprinkle, weigh out the amount that you plan to use. Then you can do the calculation. For example, if you needed two handfuls of spinach, place two handfuls on a set of kitchen scales, and record the weight. If the spinach that is required weighs 100 g (3.5 oz), and you purchased a 300 g (10.6 oz) bag, then you calculation would be 100 / 300, which is 0.3.
  5. 5

    Multiply the proportion of partial ingredients by the full purchase cost. Use the numbers that you just calculated for each partial ingredient to work out the cost of using each one in your recipe. For example, if your proportion of spinach is 0.3, and you bought a bag for $2.00, you calculation would be 0.3 x 2, which equals 0.6. This means that the cost for the spinach that you are using in your recipe would be $0.60.[5]

    • For the mince example, the proportion that you calculated was required for your recipe is 0.5. This means that if the full unit of mince cost $10.00, the amount that is used for the recipe cost $5.00.
    • Write down each cost that you calculated next to the ingredient on the list.
  6. 6

    Add all of the calculated prices for the ingredients together. You can do the calculation in your head if you just have a few ingredients, or otherwise you can use a calculator, spreadsheet or the internet to do the same thing. The final result will give you the total cost of the recipe.[6]

    • If your ingredients list is long, you might want to double check your end total by calculating it again, to make sure it is accurate.
  7. 7

    Divide the total recipe cost by the number of servings. This will give you the recipe cost per serving. For example, if your calculations show that a recipe costs $12.00 to make, and it makes 4 servings, 12 / 4 = 3, which means that the recipe costs $3.00 per serving.[7]

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Method 2

Method 2 of 2:

Using Online Tools

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  1. 1

    Create an account with a website or app that does recipe costing. There are numerous websites and apps available that calculate the cost of recipes for you. Many of these are free, but there are paid upgrades available, which may be particularly helpful if you are a in a food business.

    • You will need to include your name, email address, and company name if you have one.
  2. 2

    Add the ingredients for the recipe and the units of measurement. Include all of the ingredients that are required for your recipe. You can use any units of measurement, and don’t need to worry about converting them yourself.

    • The website or app will calculate the conversions for you.
  3. 3

    Insert the purchase price for each ingredient. Regardless of whether you are using all or only some of the full unit that you purchased, the website or app will calculate the price of the amount that you used. You will be guided through the process, as this software is very user-friendly.

  4. 4

    See the total cost once you have included all of the prices. The system will divide, multiply, and sum all of the ingredients and costs for you. You will be given an end total which tells you how much the recipe costs to make, both fully and per serving.

    • Some websites and apps will also be able to calculate your profit if you are part of a food business.
    • Calculating the labour cost for each recipe is also an option if you prefer.
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How Do I Eat Healthy On a Budget?

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  • Question

    How do I calculate 21.5% food cost on a dinner at $30?

    3 Ways to Cost a Recipe - wikiHow (16)

    Community Answer

    Use this formula: 30 x 21.5 / 100 = $6.45.

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  • Question

    How do I calculate indirect costs for baking three dozen cookies?

    3 Ways to Cost a Recipe - wikiHow (17)

    Community Answer

    Make a list of all your ingredients. Always count the number of cookies said recipes make. When you have done this, go online or consult fliers and just calculate the cost of all you will need.

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  • Question

    Cost the seafood recipes?

    3 Ways to Cost a Recipe - wikiHow (18)

    Kaitlyn Wislang

    Community Answer

    Follow the same process of getting the ingredients and quantities list, calculating the cost of each ingredient, and summing them together.

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    Thank you for your feedback.
    If wikiHow has helped you, please consider a small contribution to support us in helping more readers like you. We’re committed to providing the world with free how-to resources, and even $1 helps us in our mission.Support wikiHow

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      Tips

      • To calculate the recipe cost on a digital spreadsheet rather than on paper, follow the same calculation process. The software may even have a few calculation shortcuts.

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      Things You’ll Need

      • Recipe on paper
      • Pen
      • Calculator
      • Receipts

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      Expert Interview

      Thanks for reading our article! If you'd like to learn more about doing recipes, check out our in-depth interview with Ollie George Cigliano.

      About This Article

      3 Ways to Cost a Recipe - wikiHow (28)

      Co-authored by:

      Ollie George Cigliano

      Private Chef & Food Educator

      This article was co-authored by Ollie George Cigliano. Ollie George Cigliano is a Private Chef, Food Educator, and Owner of Ollie George Cooks, based in Long Beach, California. With over 20 years of experience, she specializes in utilizing fresh, fun ingredients and mixing traditional and innovative cooking techniques. Ollie George holds a BA in Comparative Literature from The University of California, Berkeley, and a Nutrition and Healthy Living Certificate from eCornell University. This article has been viewed 420,612 times.

      4 votes - 55%

      Co-authors: 22

      Updated: April 5, 2024

      Views:420,612

      Categories: Featured Articles | Meal Planning

      Article SummaryX

      To cost a recipe, start by creating an ingredients list and note the quantity required for each item. Next, write down the price of any full units of ingredients that you're using. For partial ingredients, convert the measurement units to those used by the recipe and divide the required amount by the full unit amount. Then, multiply the proportion of partial ingredients by the full purchase cost. Finally, add all of the ingredient prices together to calculate the total cost of the recipe. For tips on calculating the cost per serving, read on!

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      3 Ways to Cost a Recipe - wikiHow (2024)

      FAQs

      3 Ways to Cost a Recipe - wikiHow? ›

      The three main parts of a recipe are the ingredients, the instructions, and the yield or serving size.

      What are the methods for calculating food cost? ›

      How to Calculate Food Cost Using a Food Cost Formula
      • Calculate your Total Cost of Goods Sold (CoGS). ...
      • Calculate your Total Revenue for the time period you're interested in examining. ...
      • Divide Total CoGS by Total Revenue. ...
      • Multiply your answer by 100 to reveal your Total Food Cost Percentage.

      What are the 3 main parts of a recipe briefly explain? ›

      The three main parts of a recipe are the ingredients, the instructions, and the yield or serving size.

      How to calculate food cost for a recipe? ›

      You take the cost of your ingredients and then you break it down into units, such as per ounce or per egg. You then multiply these per-unit prices by the number of units you use. You then add up all these individual prices to find the total food cost for your dish. This is your food cost.

      What are the 5 steps in process costing? ›

      The five steps in process costing are to analyze inventory, convert incomplete units to completed units equivalent, determine total expenses, calculate cost per unit of output, and allocate costs to completed and incomplete units.

      What are the four steps in process costing? ›

      Process Costing consists of the following steps:
      • Physical flow of units.
      • Equivalent Units of Production.
      • Cost per Equivalent Unit.
      • Assign Costs to Units completed and Ending work in process inventory.
      • Reconcile Costs.

      What is food costing method? ›

      The basic formula is: Selling Price = (Food Cost + Labor Cost + Overhead Cost) + Profit. Your selling price should include all costs plus the profit you would like to earn.

      What are the methods of calculating cost? ›

      11 cost-estimating methods
      • Parametric estimating. The parametric estimating method involves using historical data to determine the costs of each part of the endeavor. ...
      • Analogous estimating. ...
      • Three-point estimating. ...
      • Top-down estimating. ...
      • Bottom-up estimating. ...
      • Project management information system. ...
      • Delphi method. ...
      • Decision-making.
      Jan 26, 2023

      What are the two methods for calculating food expenses? ›

      The two ways foodservice establishments use to determine food costs are:
      • Theoretical Menu Plate Cost – Individual portion cost for each menu item.
      • Overall Food Cost Percentage – Based on the monthly cost of food as compared to sales.

      What are the 3 components of a good recipe? ›

      At a minimum most recipes have a title, ingredients list, and preparation method. If you need a more robust look at recipe writing we highly recommend The Recipe Writer's Handbook.

      What are the 3 main categories of cooking methods? ›

      There are three main types of cooking methods: Dry Heat Cooking, Moist Heat Cooking, and Combination Cooking. Each of these methods uses heat to affect foods in different ways.

      What are steps in calculating recipe cost? ›

      Here's a simplified formula: Total Recipe Cost = Total Ingredient Cost + Labor Cost + Overhead Costs + Packaging Costs Keep in mind that this calculation can vary depending on your location, ingredient quality, and specific recipe. Adjust as needed for accuracy.

      How do chefs calculate food cost? ›

      To calculate actual food cost, start with your beginning inventory and purchases within a given period. Subtract your ending inventory and then divide that by your total sales and multiply by 100.

      What is the formula for costing? ›

      The general form of the cost function formula is C ( x ) = F + V ( x ) where F is the total fixed costs, V is the variable cost, x is the number of units, and C(x) is the total production cost.

      What is the order costing process? ›

      Job order costing is calculated in six steps:
      1. Identifying the job.
      2. Calculating the costs.
      3. Choosing the allocation base.
      4. Receiving the order.
      5. During manufacturing: Maintaining job cost sheets.
      6. After manufacturing: Revising the cost sheets.

      What is standard costing steps? ›

      Thus, standard costing involves the following steps: 1. Setting standard costs for different elements of costs 2. Recording of actual costs 3. Comparing between standard costs and actual costs to determine the variances 4. Analysing the variances to know the causes thereof, and 5.

      What is the step method of cost? ›

      The second method of allocating service department costs is the step method. This method allocates service costs to the operating departments and other service departments in a sequential process. The sequence of allocation generally starts with the service department that has incurred the greatest costs.

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