Step 1 :Let the cost of 1 lb of almond be \(a\) and the cost of 1 lb of jellybeans be \(j\)
Step 2 :Set up the equations based on the given information: \(3a + 8j = 23\) and \(5a + 2j = 10\)
Step 3 :Solve the system of equations to find the values of \(a\) and \(j\)
Step 4 :The cost of each \( \mathrm{lb} \) of almond is \(\boxed{\$1.00}\) and the cost of each \( \mathrm{lb} \) of jellybeans is \(\boxed{\$2.50}\)