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?

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Multiple Choice

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?

Explanation:
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.

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