Who are you gettiing that price from? We pay in the $35.00 range for a 10 pound case of hot, bbq or italian. I bought a case of oven roast last week to experiment with, 15 pounds for $53.00. Pretty pricey, but not near what you were quoted.
We run a little above 50% food cost on these, but labor is negligable, you just put em on a pan and 2 passes in the oven. Sometimes they have inconsistancy in size, but that is the only real gripe I have with them. I do believe that a freshly fried wing has better taste, texture etc. and lower food cost, but I would need to add significant equipment, increased labor, deal with raw chicken and all the fun associated with that.