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Halibut = Cost per pound $13.50, Bones $1.00, Useable scrap $2.00, unusable scrap $0.00 Determine the following: Percentage of the AP unit Cost per each

  1. Halibut = Cost per pound $13.50, Bones $1.00, Useable scrap $2.00, unusable scrap $0.00

Determine the following:

Percentage of the AP unit

Cost per each unit

Cost of the Filet

Whole Halibut 150.00 lbs

Filet 79.25 lb

Bones 40.50 lb

Useable Scrap 12.30 lb

Unusable Scrap 17.95 lb

ITEM WEIGHT (#) RATIO (%) VALUE ($/#) ITEM COST (#)
Whole Halibut 150.00 lb 100% $13.50 $2,025.00
Filet 79.25 lb % $ $
Bones 40.50 lb % $ $
Useable Scrap 12.30 lb % $ $
Unusable Scrap 17.95 lb % $ $

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