Well - actually it gets worse. Hard to believe, eh?haha, nope. i know that pots do not hold what they are sold/labeled as. so i do see where you are going with this..
go on
Now a 'standard' lipped nursery pot (the official size actually) from a couple of suppliers come in at .75 gallons for a #1 pot.
Well you're thinking, ol' Clackamas Coot is balking about nothing - a #1 nursery pot (ONLY from a specific manufacturer) is 3/4 of a gallon. What's the big f*cking deal?"
Well - let's go back to the bag of potting soil. While the bag reads something like "1 c.f." or whatever. BUT - in the shipping and distribution of this product things kinda got f*cked up. The bag that you bought was at the bottom of the pallet that arrived at you local grow store - no ill intent. Nothing about trying to screw a customer - but the bottom line is that your soil was 'compressed' and now we're not looking at 7.48 gallons to the 1 c.f. that appears on the bag - we're probably down to 6.4
Let's go back to the pots - so a #1 pot is .75 gallons - fair enough.
So you would think that a #2 pot would be 1.5 gallons, eh? Wrong - a #2 pot (again depending on the manufacturer) can be anything between (legally) 1.4 to 1.8 gallons.
Fun stuff, eh?
After my little battle with fun and stupidity here's the real answer - when figuring the amount of potting soil needed for a project, using 7 gallons to 1 c.f. is the deal with professional horticulture growers. You'll ALWAYS be off for the moronic reasons that I outlined above.
But the '7 gallons to 1 c.f.' is a safe and practical number to work with.
HTH
CC