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submitted 2 years ago by Gork@lemm.ee to c/memes@lemmy.ml
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[-] nezrock@lemmy.world 79 points 2 years ago

You also need to factor in employee pay to make and deliver them.

[-] quixotic120@lemmy.world 48 points 2 years ago

As well as utility cost to run the stove, lighting, pos systems, etc. plus rent/mortgage/taxes on the building, upkeep of fixtures like tables, menus, and cutlery, insurance costs, inspection costs, non sales staff (think like general managers, janitorial staff, plus HR and IT if they have it), any planned building upgrades down the line (whether to the actual building eg renovating dining areas or upgrading kitchen appliances), theft/shrinkage, damage from customers and staff being assholes, from equipment breaking down, from natural disasters, etc

Probably a lot more too. There’s a whole bunch to factor in

[-] Metaright@kbin.social 17 points 2 years ago

Accountant: Laughs in cost allocation

[-] Gork@lemm.ee 5 points 2 years ago

That's too much math and I'm le tired

[-] MrMamiya@feddit.de 42 points 2 years ago

That’s for one container of wholesale batter, IHOP is not paying that price because they’re buying a lot more.

I don’t know if this is helpful, but when I worked at Olive Garden 10 years ago, a spaghetti and meat sauce cost them $1.09. That includes everything, labor, etc.

[-] Gork@lemm.ee 7 points 2 years ago

If the price per pound decreases if they get a special bulk rate, it means you need to eat even more pancakes until they lose money lol.

[-] MrMamiya@feddit.de 8 points 2 years ago

Yeah exactly! Though the overhead of employment might bring that number back up to about your original estimate.

[-] shortgiraffe@lemmy.world 4 points 2 years ago

If that really does include everything, why do I always hear about how thin margins are in the food service industry? That doesn't sound like a thin margin to me.

[-] MrMamiya@feddit.de 2 points 2 years ago

Margins are thin on things that aren’t pasta. OG also had a great thing going with the wine focus. You could get a glass of estancia Pinot noir back then for like $7. The bottle was $8 retail.

[-] Jamie@jamie.moe 29 points 2 years ago

Anyone who walked into an IHOP and ate 3.26 pounds of pancakes would be an absolute legend at that IHOP. I can barely eat 4 or 5 before I'm done.

[-] LinkOpensChest_wav@lemmy.one 29 points 2 years ago

Skill issue

[-] GenderNeutralBro@lemmy.sdf.org 14 points 2 years ago

The world record for pancake eating is 7 pounds in 8 minutes, set in 2016 by Matt "Megatoad" Stonie.

https://majorleagueeating.com/contests/693?action=detail&eventID=693

https://www.youtube.com/watch?v=1jSgM4gAhK0

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[-] Hastur@sh.itjust.works 1 points 2 years ago
[-] Resonant1061@beehaw.org 3 points 2 years ago

"Folks, I have no more desire to get through the rest of my life than I did to eat those pancakes. But I ate them, and the knowledge that I can keep going when all seems lost, that's a great thing to acquire. Eating thirty pancakes - FIVE STARS"

[-] itsgroundhogdayagain@lemmy.ml 2 points 2 years ago

open the reserve tanks

[-] NotSpez@lemm.ee 16 points 2 years ago* (last edited 2 years ago)

More like when you hate your pancreas. Damn.

Also: is there a theydidthemath community yet?

[-] joyjoy@lemmy.world 5 points 2 years ago

If there is, theydidthemonstermath is sure to follow

[-] Mercival@lemm.ee 16 points 2 years ago

Wolfram Alpha is crying in binary for being abused like this.

[-] BallShapedMan@lemmy.world 3 points 2 years ago

Why do you hate IHOP? I'm not a fan mind you, I've heard people hate McDonald's and all but this is a first for IHOP for me.

[-] Gork@lemm.ee 18 points 2 years ago

Because unlimited pancakes breaks the laws of physics and decency. Even if you had a machine whose primary goal is to make pancakes and use whatever mass is available to it, eventually there will be no more matter in the universe to make pancakes and it would be finite, not truly unlimited. This is blatant false advertising, hence I've got it out for IHOP.

[-] Kolanaki@yiffit.net 7 points 2 years ago

They just use a pancake particle collider to generate new pancake matter.

[-] Rodeo@lemmy.ca 4 points 2 years ago

When milk, eggs, flour, and baking powder collide at a significant fraction of the speed of light, what happens?

[-] Kolanaki@yiffit.net 3 points 2 years ago

In all probability?

Fire.

[-] BallShapedMan@lemmy.world 1 points 2 years ago

What do you think of the term bottomless instead? Lol

Maybe all you can eat?

[-] Gork@lemm.ee 4 points 2 years ago

Gay pancakes. These are both fantastic and delicious.

[-] BallShapedMan@lemmy.world 3 points 2 years ago

That took a turn I didn't expect 🤣.

My youngest would be 80% pancake by now if that was a thing.

[-] EncryptKeeper@lemmy.world 4 points 2 years ago

I don’t know why someone would hate it, but it’s a really trash chain that is easily outdone by the dingiest of local diners.

[-] BallShapedMan@lemmy.world 1 points 2 years ago

For sure! 12 year old me loved IHOP. I took my kids 15+ years ago and they hated it as much as I did.

[-] downpunxx@kbin.social -1 points 2 years ago

It's alot less than that, you're only factoring in raw material, not wages, rent, utilities all that goes into providing the good to the customer who is paying for it. This is nonsense.

[-] ScrivenerX@lemm.ee 8 points 2 years ago

Nonsense is a bit of a stretch.

The IHOP exists and is staffed whether or not you are there gorging yourself on pancakes. The rent and staffing is already being spent by IHOP. The factors that can contribute is if the amount of dishes you create make them run the washer an extra time and if the pancakes cool the griddle down enough to increase the cost of heating the griddle. Both of which are negligible.

The only extra cost is the batter itself.

[-] GenderNeutralBro@lemmy.sdf.org 2 points 2 years ago
[-] ScrivenerX@lemm.ee 3 points 2 years ago

Absolutely!

MC is a great tool for internal accounting that can help a company extrapolate the "true" cost of every item. In this pancake scenario it's important to remember that the majority of costs are fixed costs, that do not change based on whether they sell pancakes or not.

There are some accounting methods that spread the fixed costs across all items, but that doesn't actually change the profitability of the company on the whole, just the expected margin of that particular item.

[-] MxM111@kbin.social -1 points 2 years ago

You need more equipment, you likely need more people (or quality of service will go down) need more electricity. Need more space (this one is tricky, if you have extra space, then it does not cost you anything, if you do not have extra space, then it costs you a lot, so think about average)

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this post was submitted on 25 Jul 2023
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