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: $26.80

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