What is recipe costing?

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Recipe costing is the process of calculating the total cost of producing a recipe by summing the individual costs of its ingredients. 

In order to cost a recipe the following needs to be established:
  1. How much does each ingredient cost your business to procure?
  2. What amount of each ingredient goes into a recipe?
You can enter the price(s) of ingredients inside the "Prices" tab.

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