Enter the bottle cost ($) and the shots per bottle into the Calculator. The calculator will evaluate the Cost Per Shot.
Cost Per Shot Formula
CPS = BC / SPB
Variables:
- CPSCM is the Cost Per Shot ($/shot)
- BC is the bottle cost ($)
- SPB is the shots per bottle
To calculate the Cost Per Shot, divide the cost by the number of shots per bottle.
How to Calculate Cost Per Shot?
The following steps outline how to calculate the Cost Per Shot.
- First, determine the bottle cost ($).
- Next, determine the shots per bottle.
- Next, gather the formula from above = CPS = BC / SPB.
- Finally, calculate the Cost Per Shot.
- 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.
bottle cost ($) = 500
shots per bottle = 30
FAQs
What factors can affect the cost per shot of liquor?
The cost per shot can be influenced by several factors including the purchase price of the bottle, the type and brand of liquor, the size of the bottle, and the amount poured per shot. Taxes and local pricing can also play a significant role in determining the final cost per shot.
How can bars and restaurants use the cost per shot calculator to increase profitability?
Bars and restaurants can use the cost per shot calculator to accurately price their drinks by ensuring they cover the cost of the liquor and other expenses, while also adding a desired profit margin. This helps in setting competitive prices that attract customers while maintaining or increasing profitability.
Is it more cost-effective to buy larger bottles of liquor for commercial use?
Generally, buying in bulk, including larger bottles of liquor, can be more cost-effective for commercial use due to lower cost per volume. However, this also depends on the consumption rate, storage capacity, and the potential for increased waste if the liquor does not get consumed before it spoils or loses quality.
Can the cost per shot calculator be used for beverages other than liquor, such as wine or beer?
While the cost per shot calculator is primarily designed for calculating the cost of liquor shots, it can be adapted for use with other beverages by adjusting the volume measurements. For wine and beer, the portion sizes differ, so the formula might need modification to accurately reflect the cost per serving.
