Enter the total cost of the meal and the number of servings into the calculator to determine the cost per serving. This calculator helps in budgeting and pricing meals for events or food services.
Cost Per Serving Formula
The following formula is used to calculate the cost per serving.
CPS = TC / NS
Variables:
- CPS is the cost per serving ($)
- TC is the total cost of the meal ($)
- NS is the number of servings
To calculate the cost per serving, divide the total cost of the meal by the number of servings.
What is Cost Per Serving?
Cost per serving is a way to understand how much each portion of a meal costs to produce. This is particularly useful for restaurants, caterers, and anyone who needs to budget for food costs while planning meals. It helps in setting appropriate prices for dishes to ensure profitability while providing value to customers.
How to Calculate Cost Per Serving?
The following steps outline how to calculate the Cost Per Serving.
- First, determine the total cost of the meal (TC) in dollars.
- Next, determine the number of servings the meal provides (NS).
- Next, gather the formula from above = CPS = TC / NS.
- Finally, calculate the Cost Per Serving (CPS) in dollars.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Total cost of the meal (TC) = $50
Number of servings (NS) = 5
