Using the following information to complete the butcher test and answer the following questions: 1) Butcher...
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Using the following information to complete the butcher test and answer the following questions: 1) Butcher Test Information The following information has been taken from the records of the Circle Restaurant, which provides the results of a butcher test on 10 legs of veal, US Choice, purchased over the last several weeks from Middletown Meats, Inc. Veal legs were purchased to produce 5oz portions of veal cutlets. The restaurant paid $814.28 for the 10 legs, which weighed a total of 247 pounds and 8 ounces, as purchased. Breakdown: Fat: 41 lbs 8 oz; value per pound is $0.10 Bones: 56 lbs 8 oz; value per pound is $0.38 Shanks: 19 lbs 12 oz; value per pound is $1.49 Trimmings: 47 lbs 4 oz; value per pound is $1.89 Loss in cutting: 2lbs 8 oz a) Find the standard cost of a 5-oz portion if the new dealer price is $3.19 b) Find the standard cost of a 5-oz portion if the new dealer price is $3.89 c) Find the standard cost of a 9 oz portion if the new dealer price is $4.25 d) The owner of the Circle Restaurant wants portion costs for the veal cutlet to be $2.65 regardless of cost variations set by the dealer. Determine the correct portion size if the dealer price is $3.69; $3.03 e) How many pounds of veal legs (as purchased) will be needed to prepare and serve 235 people 5 oz portions? f) Given the average weight of a leg of veal, how many legs should be ordered? Using the following information to complete the butcher test and answer the following questions: 1) Butcher Test Information The following information has been taken from the records of the Circle Restaurant, which provides the results of a butcher test on 10 legs of veal, US Choice, purchased over the last several weeks from Middletown Meats, Inc. Veal legs were purchased to produce 5oz portions of veal cutlets. The restaurant paid $814.28 for the 10 legs, which weighed a total of 247 pounds and 8 ounces, as purchased. Breakdown: Fat: 41 lbs 8 oz; value per pound is $0.10 Bones: 56 lbs 8 oz; value per pound is $0.38 Shanks: 19 lbs 12 oz; value per pound is $1.49 Trimmings: 47 lbs 4 oz; value per pound is $1.89 Loss in cutting: 2lbs 8 oz a) Find the standard cost of a 5-oz portion if the new dealer price is $3.19 b) Find the standard cost of a 5-oz portion if the new dealer price is $3.89 c) Find the standard cost of a 9 oz portion if the new dealer price is $4.25 d) The owner of the Circle Restaurant wants portion costs for the veal cutlet to be $2.65 regardless of cost variations set by the dealer. Determine the correct portion size if the dealer price is $3.69; $3.03 e) How many pounds of veal legs (as purchased) will be needed to prepare and serve 235 people 5 oz portions? f) Given the average weight of a leg of veal, how many legs should be ordered?
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To calculate the standard cost of a 5oz portion of veal cutlet we need to determine the cost of the veal legs and then divide it by the total number of 5oz portions obtained Calculate the total cost o... View the full answer
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