First, let's convert the fractions to decimals; so 2 2/3c =2.667c, and 1/4c = 0.25c
then, we set a simple relationship for each ingredient
(2.667c / 46p) x 8p = 0.46c
likewise, (0.25c / 46p) x 8p = 0.043c
since measuring cups are graduated in ounces, we can obtain the number of ounces by multiplying by 8oz/cup
so, 0.46c x 8oz/c = 3.67oz, and 0.043c x 8oz/c = 0.34oz