Chief Digital Officer

Chief Digital Officer Interview Questions and Answers

Updated 9 Feb 2024

Q1. What is the food cost

Ans.

Food cost refers to the expenses incurred in purchasing and preparing food items for a specific period of time.

  • Food cost is an important metric for restaurants and food service establishments to track their expenses.

  • It includes the cost of ingredients, labor, and overhead expenses related to food preparation.

  • Food cost can be calculated by dividing the total cost of food purchases by the total sales or meals served.

  • For example, if a restaurant spends $1,000 on food purchases a...read more

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