average food and beverage cost for a restaurant
How Food and Labor Costs are Calculated. Food and labor costs are calculated as a percentage of the total volume of sales. If a restaurant does $20,000 per week and the total cost of food and beverages is $7,000 for that week, then the food cost is considered 35 percent.If, at the same restaurant, labor (including payroll taxes and benefits) equal $5,000 for the week, then the labor cost is 25 percent.Total prime costs are 60 percent in this example. Related Reading: How to Control Cost of Food & Labor in a Restaurant Service.f, at the same restaurant, labor (including payroll taxes and benefits) equal $5,000 for the week, then the labor cost is 25 percent. Total prime costs are 60 percent in this example. Related Reading: How to Control Cost of Food & Labor in a Restaurant Service.