Gobble ‘til you Wobble!

Today’s Task: Determine actual cost of recipes using unit pricing!!!

What is Unit Pricing?

The actual cost of the ingredients that you are going to USE in the recipe …

For instanceIf the container holds 2 cups but you only need to

use 1 cup of that ingredientYou would

Divide the cost of that item in halfIf the container cost $2, you would have used $1

worth in your recipe

Additional Example

– 1 Check the packaging to determine its size. Bags of sugar are sold by the pound, for example. If a 4 lb. bag of sugar costs $3.20, you can easily calculate its unit pricing.

– 2 Divide $3.20 (the price of the sugar) by 4 (the unit, in pounds). The unit pricing is 80 cents per pound.

– If there were 4 cups in a pound and you only needed 1 cup, the sugar would cost you 20 cents for that recipe

Read more: How to Calculate Unit Pricing for Groceries | eHow.com http://www.ehow.com/how_2284331_calculate-unit-pricing.html#ixzz1di6FkBev (adapted)

First things first…

• If you did not finish gathering your prices yesterday, then do that now….make sure to note the packaging sizes ( ounces, pounds, cups, etc) you will need that information to determine your unit price!

• The best websites to complete this task are: • www.netgrocer.com• www.walmart.com

Now for some practice(No Whining Now!!)

• Pull out your measurement equivalent sheet form earlier in the block for a reference

• Using the information provided by your teacher, determine the cost of the ingredients on your thanksgiving menu

• What was the ACTUAL final cost of your Thanksgiving Meal?