Through cost accounting, you can home in on where your business is spending its money, how much it earns and where you might be losing money. It assigns costs to products, services, processes, projects and related activities. By identifying ingredients with a high impact on menu costs, restaurant companies can explore alternatives or adjust portions to reduce menu profitability without sacrificing quality. This process allows food service operations to accurately determine the total cost of preparing a menu item. Process costing is an accounting method used to track the cost of production for mass-produced items. Tracking construction expenses on a