Asked by: Hilaria Warnick
asked in category: General Last Updated: 7th June, 2020How do you calculate labor hours per meal?
Also know, how do you calculate labor cost per meal?
Divide labor cost by total operating costs For example, if labor costs $9,000 per month and total operating cost is $15,000 per month, divide $9,000 by $15,000 to get 0.6. Multiply by 100. This final number is your restaurant's labor cost percentage.
Furthermore, how do you calculate meal equivalents? Determining Actual Meals Served: ✓ Cost out floor stock, tube feedings, catering, and cafeteria costs and divide by the market basket price to determine meal equivalents. ✓ Meal Equivalents (ME) can vary greatly, as it depends on what each CDM counts as a meal.
Also question is, what are labor hour meals?
The number of meal equivalents (MEQs) served per labor hour represents the primary measure of productivity and production. MPLHs are calculated based on actual productive, paid labor hours assigned to a site.
What is a meal equivalent?
The meal equivalent is a statistical tool used to convert all meals and cash sales to a standard unit of production, in this case a reimbursable student lunch. It is not a unit of production, but it allows SFAs to equate all meals and other sales to a standard.