When you buy bacon and bring it home, just portion it out before you freeze it. I take parchment paper, take about 3-4 strips of bacon and lay it on the paper. I wrap the paper over it and place another 3-4 strips down and repeat till the whole pound is wrapped up this way. I put the finished product in a ziploc bag. Then, when I need it, I just unwrap a little of the parchment paper and retrieve just the few slices I need.

Can this be modified to use a whole pound of bacon somehow?

I see bone-in chicken breasts on sale too, and I never know what to do with them either. This is a great idea!