How to make bar cost

11/04/2016 16:19

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How to Make Bar Costs

 

Bar Cost

You can use these formulas for any bar business. When preparing the bar cost, collect all daily bar receipts

 for the whole week/ month.

 

Bar Cost Summary Report

 

Figure - 1           

Bar Cost Transaction Report

Description           Liquor     Wine       Beer      Total

Open. Invty           100          50          200         350

Deliveries              200        100          150         450

Consumption         200          50          100         350

Closing Invty          100        100         250         450

Bar Sales            1.000        200         450      1.650

Bar Cost                  20%      25%        22%    21.21%

 

Figure - 2           

Bar Cost Summary Report

Opening Bar Invty. in Cost Price                        350

Beverage Deliveries in Cost Price                      450

Bar Consumption in Cost Price                          350

Closing Bar Inventory in Cost Price                    450

Total Sales in Selling Price                              1,650

Bar Cost                                                          21.21%

 

Figure - 3           

 

Bar Consumption / Bar Sales = Bar Cost

Total Bar Consumption in Cost Price                 350

Total Sales in Selling Price                              1,650

Bar Cost is                                                      21.21%

 

Figure - 4           

Bar Cost for the month is                             21.21%

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