Comments on: Product Pricing Strategy And Costing Template For Food Recipes http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html Business, Investments and Personal Finance Wed, 08 Feb 2012 10:00:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Rio http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-72774 Rio Sat, 28 Jan 2012 11:59:26 +0000 http://fitzvillafuerte.com/?p=1688#comment-72774 Thanks for this very helpful explanation! The egg beater computation (as a fixed expense) is also very helpful. Admittedly, LPG computation is very complex, since a dedicated LPG tank for production must have been fully consumed before we can have a better estimate versus number of goods produced (better if it is just one SKU or item). I assume that the 100% production cost is a good leeway to cover the (yet) immeasurable expenses from the start. Thanks for this very helpful explanation!

The egg beater computation (as a fixed expense) is also very helpful. Admittedly, LPG computation is very complex, since a dedicated LPG tank for production must have been fully consumed before we can have a better estimate versus number of goods produced (better if it is just one SKU or item). I assume that the 100% production cost is a good leeway to cover the (yet) immeasurable expenses from the start.

]]> By: angelforangela http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-61488 angelforangela Thu, 01 Dec 2011 14:27:21 +0000 http://fitzvillafuerte.com/?p=1688#comment-61488 hi just wanted to ask, how can i determine the quantity food to serve? For example in pasta servings, how many servings can a 1kilo pack of pasta make? I'm newbe in this biz so I really need to be educated, I already atended seminars but they seemed not helping on this area,I want to know the particular grams/percent of food per servings. I need help on this pls, thank u so much! hi just wanted to ask, how can i determine the quantity food to serve? For example in pasta servings, how many servings can a 1kilo pack of pasta make? I’m newbe in this biz so I really need to be educated, I already atended seminars but they seemed not helping on this area,I want to know the particular grams/percent of food per servings. I need help on this pls, thank u so much!

]]> By: Cris http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-39137 Cris Fri, 12 Aug 2011 00:33:16 +0000 http://fitzvillafuerte.com/?p=1688#comment-39137 Regarding the purchase of capital equipment, the egg beater what about if you used it to other menu or product, does the additional cost added to scramble egg can be also used or add with other menu you made like lecheplan, or does the contributing cost to the product price will be more reduce since it also use in other menu or product. Thanks a lot have a great day. Regarding the purchase of capital equipment, the egg beater what about if you used it to other menu or product, does the additional cost added to scramble egg can be also used or add with other menu you made like lecheplan, or does the contributing cost to the product price will be more reduce since it also use in other menu or product.
Thanks a lot have a great day.

]]> By: Kat http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-32869 Kat Sat, 21 May 2011 02:44:33 +0000 http://fitzvillafuerte.com/?p=1688#comment-32869 I would like to ask a question that has been in my mind for such a long time now ... How do you compute for LPG cost? I plan of making a business out of my love for baking and I really find costing for LPG use difficult. I assume that I should include the preheating time in calculating for it, am I right? Thanks a lot! I would like to ask a question that has been in my mind for such a long time now … How do you compute for LPG cost? I plan of making a business out of my love for baking and I really find costing for LPG use difficult. I assume that I should include the preheating time in calculating for it, am I right? Thanks a lot!

]]> By: Fitz http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-31312 Fitz Sat, 16 Apr 2011 17:58:59 +0000 http://fitzvillafuerte.com/?p=1688#comment-31312 Hi Randall, ideally you should. But it entails some assumptions. The usual calculation for that is you divide the cost of the equipment by the number of months it will take for it to fully depreciate. Then divide that amount by the approximate number of product yield per month to compute the additional cost in production. Let's say you bought an electronic egg beater for P1,000 which you estimate will take 1 year before it breaks down and needs to be replaced. That will give you P84 per month depreciation cost (P1,000 divided by 12) Assuming you usually produce 120 servings of scrambled eggs per month, then your total recipe cost will have an additional P0.70 (P84 divided by 120) in it. I hope my explanation was clear. Thanks. Hi Randall, ideally you should. But it entails some assumptions.

The usual calculation for that is you divide the cost of the equipment by the number of months it will take for it to fully depreciate. Then divide that amount by the approximate number of product yield per month to compute the additional cost in production.

Let’s say you bought an electronic egg beater for P1,000 which you estimate will take 1 year before it breaks down and needs to be replaced. That will give you P84 per month depreciation cost (P1,000 divided by 12)

Assuming you usually produce 120 servings of scrambled eggs per month, then your total recipe cost will have an additional P0.70 (P84 divided by 120) in it.

I hope my explanation was clear. Thanks.

]]> By: Randall http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-31286 Randall Sat, 16 Apr 2011 02:02:50 +0000 http://fitzvillafuerte.com/?p=1688#comment-31286 If we bought an equipment or machine, do we also need to add those in our costing? This is very helpful.. Thank you very much. If we bought an equipment or machine, do we also need to add those in our costing? This is very helpful.. Thank you very much.

]]> By: Celine http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-27816 Celine Sun, 06 Feb 2011 08:37:13 +0000 http://fitzvillafuerte.com/?p=1688#comment-27816 Extremely helpful! Thank you :) Extremely helpful! Thank you :)

]]> By: Real Estate Investment Software http://fitzvillafuerte.com/product-pricing-strategy-and-costing-template-for-food-recipes.html#comment-4813 Real Estate Investment Software Sun, 23 Aug 2009 01:38:26 +0000 http://fitzvillafuerte.com/?p=1688#comment-4813 I've never seen a better breakdown of cost and pricing! Well done! I’ve never seen a better breakdown of cost and pricing! Well done!

]]>