Q:

Meatloaf yield 50, 4oz portionIngredient. Cost per unit Recipe cost10lb ground beef $3.99/pound A.2lb ground pork. $2.99/pound b.12 whole eggs. $. 2.49 dozen c.12 slice bread $1.69/loaf 16 slice d.4 oz onions chopped $.69/pound e1 quart 1% milk $3.69 gallon f.1 oz iodized salt $2.28/ pound g.H. Total recipe costI. Portion cost Need to find out the recipe cost for this for each item

Accepted Solution

A:
Answer: Β  see attachedStep-by-step explanation:When there is a lot of repetitive calculation, I like to let a spreadsheet do it.Of course, the quantities are ...bread: 12/16 loafonions: 4/16 poundmilk: 1/4 gallonsalt: 1/16 poundYou can enter the fractions directly in the spreadsheet (=12/16, for example), and it will do the calculation. The recipe cost is the product of recipe quantity and unit cost. The total recipe cost and per-portion calculations should be obvious: the total is the sum of ingredient costs; the per-portion cost is that total divided by 50 portions. The spreadsheet has been set to round to 2 decimal places (cents).