In the restaurant world, profits are slim, competition is fierce, and mistakes are costly. One of the biggest killers of restaurant success is out-of-control food costs , also known as Cost of Goods Sold (COGS) . Managing COGS through effective cost accounting  is what separates profitable restaurants from those struggling to survive. What Is COGS in Restaurants? COGS (Cost of Goods Sold)  is the total cost of food and beverages used to produce the items you sell. It’s a crit