Food Costing
manufacturing
Verified April 2026Definition
The process of calculating the total cost of producing a food product by tracking ingredient prices, quantities, waste factors, and production yields.
Related Terms
Batch Tracking
The process of recording and managing production batches in food manufacturing, enabling forward and backward traceability from raw materials to finished products.
Margin Analysis
The process of comparing a food product's cost price to its selling price to determine gross margin, helping manufacturers set profitable prices and identify loss-making products.
Recipe Management
The systematic management of food product recipes including ingredient specifications, quantities, preparation methods, and version control.