What is the food cost for one portion of steak (100 percent yield) if a 4 oz serving is used and the steak costs $12.80 per pound?

What is the food cost for one portion of steak (100 percent yield) if a 4 oz serving is used and the steak costs $12.80 per pound?

• A. $3.20
• B. $4.00
• C. $2.56
• D. $1.60

Answer: (A)

The fundamental idea is to price a portion by its weight in relation to the price per unit weight, assuming no yield loss. Convert the 4 oz portion to pounds: 4 oz divided by 16 oz per pound equals 0.25 lb. Multiply by the price per pound: 12.80 × 0.25 = 3.20. So the food cost for one portion is $3.20. This follows directly from applying the price per pound to the portion’s weight; errors come from using the wrong fraction of a pound or misapplying the price.

The fundamental idea is to price a portion by its weight in relation to the price per unit weight, assuming no yield loss. Convert the 4 oz portion to pounds: 4 oz divided by 16 oz per pound equals 0.25 lb. Multiply by the price per pound: 12.80 × 0.25 = 3.20. So the food cost for one portion is $3.20. This follows directly from applying the price per pound to the portion’s weight; errors come from using the wrong fraction of a pound or misapplying the price.