A standardized recipe for chili cost $56.00 to produce. The recipe yields 100 portions. Each portion is 8-ounces. What would be the cost per portion if the chef reduces the portion size of this item from 8-ounces to 7-ounces?

Question

Quizplus · Accepted Answer

The original cost per 8-ounce portion is $56.00 / 100 = $0.56. When reducing the portion size to 7 ounces, the cost per ounce remains the same, so the cost for 7 ounces would be 7/8 of the original 8-ounce portion cost. Therefore, $0.56 * (7/8) = $0.49.

A Standardized Recipe for Chili Cost $56