TC(total cost) total cost: that is, the sum of the production materials and labor costs consumed.

through the calculation and analysis of total cost, we can know the total expenditure in the calculation period, and compare the total cost with income, profit and net profit, so as to obtain meaningful analysis indicators. Saving or overspending the total cost is often of great significance for analyzing the completion of the cost plan.

expanding information

skills of controlling TC in restaurants:

1. Improve management, adopt new technologies and improve equipment utilization.

2. Reduce the consumption of fixed assets, save raw materials, fuel and auxiliary materials, and improve labor productivity.

3. Implement total cost management and reduce the cost level in an all-round way.

Baidu encyclopedia-total cost