If projected monthly food costs are 15,000 and food sales are 45,000, what is the food cost percentage?

To determine the food cost percentage, the formula used is:

[

\text{Food Cost Percentage} = \left( \frac{\text{Food Costs}}{\text{Food Sales}} \right) \times 100

]

In this case, the projected monthly food costs are $15,000, and the food sales are $45,000. Plugging these values into the formula gives:

[

\text{Food Cost Percentage} = \left( \frac{15,000}{45,000} \right) \times 100

]

Calculating the fraction:

[

\frac{15,000}{45,000} = \frac{1}{3} \approx 0.3333

]

Now, multiplying by 100 to convert it into a percentage:

[

0.3333 \times 100 = 33.33

]

Rounding to the nearest whole number, this gives a food cost percentage of approximately 33%. Therefore, the correct choice reflects that the food cost percentage is approximately 33%, showing the proper relationship between food costs and food sales, which is essential for managing a restaurant's profitability effectively.

This calculation is significant for financial management in