1. Introduction to culinary costs
Product or service?
Sectors of economic activity
Restaurants: are they production, retail, or service businesses?
International Standard Industrial Classification (ISIC)
Basic concepts: cost, expense, and loss
2. Yields, net price, and waste
What is product yield?
Net price
Waste
Case studies: waste
Case studies: yields
3. Standard recipe costing
The standard recipe
Types of restaurants
Sales value
Selling price
Food recipe costing
Beverage recipe costing
4. Average check analysis and cost structure
What is the average check?
Calculating the average check
Cost structure
Cost analysis
Financial performance statement sensitivity analysis
