Apicbase Glossary

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food and beverage industry glossary

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Cost of Goods Sold (CoGS)

In culinary terms, the Cost of Goods Sold is how much it costs to produce a menu item from start to finish. The CoGS includes not only raw materials but also other meal components like condiments and garnishings. It is also referred to as Actual Food Cost.

A restaurant’s CoGS ties in with its profitability, revenue, and inventory management. Therefore it is crucial to control and monitor your CoGS at all times.

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