Question

If the standard portion cost for a chili standard recipe that yields 40 servings is $0.67, how much will the ingredients

cost?
$59.70
$40.00
$30.40
$26.80​

Answer 1

Answer: $26.80

Step-by-step explanation:

The standard portion cost is usually calculated as the cost of ingredient in a standard recipe divided by the number of portion produced by the recipe. That is :

Standard portion cost = cost of ingredients ÷ Number of portions produced by recipe

Standard portion cost = $0.67

Number of portions produced by recipe = 40

Therefore,

Cost of ingredient = (standard portion cost × number of portions produced by recipe)

Cost of ingredient = $0.67 × 40

Cost of ingredient = $26.80