A nearby restaurant does cooking loss tests on roast lamb, which is now served in 6 oz. portions. Lb. cost factor is 2.0, and portion cost factor is .75. Given a dealer price of $3.00 per lb. for the lamb, the cost of a 7 oz. portion would be:

Question

Quizplus · Accepted Answer

The cost of a 7 oz. portion is calculated by multiplying the dealer price per lb. by the lb. cost factor and then by the portion cost factor for the desired portion size. Here, $3.00 * 2.0 * (7/16) = $2.63.

A Nearby Restaurant Does Cooking Loss Tests on Roast Lamb