Book

The Food Cost Formula

An Executive Chef's System for Food Cost Control, Menu Engineering & Restaurant Profitability

Cover of The Food Cost Formula by Michael Lockard

2026 · Book

The Food Cost Formula

An Executive Chef's System for Food Cost Control, Menu Engineering & Restaurant Profitability

Most books on food cost teach theory. This one hands over the paperwork — the recipe cards, receiving logs, yield tests, variance reports, and menu engineering worksheets a kitchen actually runs on, and the reasoning behind each one. Written for the chef who cooks the menu and signs the invoices.

Working forms

  • Standard Recipe Card
  • Recipe Cost Sheet
  • Receiving Log
  • Credit Memo
  • Weekly Inventory Count
  • Monthly Inventory Summary
  • Bulk Storage Log
  • Prep & Production Sheet
  • Daily Food Cost Tracker
  • Period-End Food Cost Report
  • Weekly Vendor Bid Sheet
  • Yield Test Form
  • Menu Engineering Worksheet
  • Variance Report
  • Banquet & Catering Food Cost Sheet
  • Interdepartmental Transfer Log

“It is the duty of a good chef to teach the next generation all that he has learned and experienced.”

Fernand Point · Ma Gastronomie

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