Thai Restaurant

Background Introduction

Street survey & Results:

Analysis of data:

Phad Pak Ruam Mit(Vegetarian meal)

Ingredients Amount Total 1 bag Bags Total cost

required x amount cost/weight required to (£)
number of needed buy per
meals each day day
(ingredients
Snow Peas 50g x 32 1600g £0.76/900g 2 packets 1.52
Young Kale 50g x 32 1600g £0.97/200g 8 packets 7.76
Cabbage ½ x 32 16 cabbages £0.50/1 16 cabbages 8.00
Cauliflower ½ x 32 16 £0.75/1 16 12.00
cauliflowers cauliflowers
Mushrooms 1 x 32 32 £2.47/1kg 3kg 7.41
mushrooms
Corn Oil 1 x 32 2.00
Garlic 3.95
Oyster 4tbs x 32 128tbs £1.59/1 2 bottles 3.18
sauce bottle
Black soy ½tbs x 32 16tbs 1 bottle 1.09
sauce
White 1tbs x 32 32tbs 3 4.05
pepper
Selling £4
Price
Total cost £51

Unit Cost Per Typical Customer:

Total Cost for 32 dishes: £ 51

Number of Customer served: 32

Unit Cost per typical customer: £ 1.59

Gai Phad Khao Phode (Chicken Meal)

Ingredients Amount Total 1 bag Bags required Total cost (£)

required x amount cost/weight to buy per day
number of needed each
meals day
(ingredients)
Corn Oil 4tbs x 56 224tbs 2.00
Chicken 400g x 56 22400g £3.00/700g 96.00
breast
Eggs 2 x 56 112 eggs £1.63/6 19 boxes 30.97
Rice 4 cups x 56 224 cups £4.98/5kg 10kg 49.8
Tomatoes 2 x 56 112 tomatoes £1.64/1kg 10kg 16.40
Green 2 x 56 112 onions £1.33/100g 24.83
Onions
Coriander 180g x 56 10080g £1.60/100g 161.28
Soya Sauce 2tbs x 56 112tbs £0.99/620ml 2.97
Garlic 2 x 56 112 cloves £0.79/3 13 garlic 3.95
Selling £ 8.50
Price
Total Cost £388.20

Unit Cost Per Typical Customer:

Total Cost for 56 dishes: £ 388.

Number of Customer served: 56
Unit Cost per typical customer: £ 6.93
Ingredients Amount Total 1 Bag Bags required to Total cost
Required x amount cost/weight buy per day (£)
number of needed each
meals day
(ingredients)
Whole fish 400g x 38 15200g £1.99/800g 19 bags 37.81
Thai chillies 5 x 38 190 units £0.95/120g 10 packets 9.50
Garlic 5 x 38 190 units 6.32
Lime juice 3tbs x 38 2 bottles 0.96
Soya sauce 2tbs x 38 76tbs 1.98
Salt 1tbs x 38 38tbs 0.83
Ginger 2tbs x 38 76tbs 3.00
Selling Price £12
Total Cost £60.37
Total cost of £ 500.51
3 dishes

Pla Nueng

Unit Cost Per Typical Customer:

Total Cost for 38 dishes: £ 60.37

Number of Customer served: 38
Unit Cost per typical customer: £ 1.59
 1. Target price for company’s food business

2. Annual Income budget statement (marginal costing)

  Per Month Per Annum
Sales £33,690 £404,280
Less Cost of Goods Sold £14,987 £179,844
Contribution Margin £18,703 £224,436
Less Variable Expense £10,200 £122,400
Total Contribution Margin £8,503 £102,036
Less Operating Fixed Cost £4,067 £48,804
Net Profit £4,436 £53,232

3. break even analysis

Fixed Cost
Kitchen Equipment: £3,600
Furniture: £2,500
Operating Fixed Cost
Cutlery: £1,000 Per month
Rent: £1,250 per month
Insurance: £300 per month
Council Tax: £117 Per month
Stock: £15,015 Per month
Maintenance: £200 Per month
Utilities: £1,200 Per month
Variable cost
Total Labour Cost: £10,200 Per month
£13,267
1. margin of safety (chart)

Margin of Safety = Budgeted Sale – Break-even Sale

Margin of Safety = 45360 – 24407
= 20900 Units

2. sensitivity analysis, usefulness of business maths

3. recommendations and conclusion