Is it possible to perform a cost analysis of a recipe or menu plan?
Yes, the Costing Wizard is available from the “Edit a Recipe” view. The costing wizard allows mapping of each ingredient in a recipe to it’s corresponding entry in the inventory. It allows extreme flexibility in the mapping. For example, if a recipe’s ingredient is freshwater fish fillets – quantity 32 oz, it could be mapped to a 1 lb package frozen walleye fillets – quantity 2. The costing wizard calculates cost based on the Purchase/Bulk unit price. In our example if a case contained 12 1lb packages at a cost of $72.00 and the recipe served 4, the costing wizard would automatically calculate that each package cost $6.00 and that 2 packages would cost $12.00 the total cost of this ingredient in a recipe. The costing wizard aggregates the cost of all of the ingredients to arrive at a total recipe cost. The cost per serving is arrived at by dividing the total cost of the recipe by number of servings. Menu plan costs for each meal are arrived at by aggregating the cost of all recipes in
