Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please provide formulas used Exercise 6.2 Complete the butcher's test card for beef tenderloin. If the price of the whole piece goes to $7.00 per
please provide formulas used
Exercise 6.2 Complete the butcher's test card for beef tenderloin. If the price of the whole piece goes to $7.00 per pound, what would be the new price per pound and per portion for the usable meat? Item Beef Tenderloin Pieces One Total Cost $58.50 Grade Weiging At US Choice 9 Lbs. O OZ $6.50 per lb Date 8-Oct Average Weight Supplier XYZ Meat Co. Weight Lb. Oz Ratio to Value Per Total Total Weight Pound Value Cost of Each Usable Portion Lb Oz Size Portion Cost Cost Factor Per Lb Portion Breakdown No. 4 Fat Loss in Cutting Tip Meat Usable Meat AOO 4 4 4 4 47 229 2.78% 2.78% 47.22% $0.00 $0.00 $4.50 $0.00 $0.00 $1.63 $56.88 $13.38 $0.84 8 Oz $6.69 5 3 Total D 0 $58.50 100% At a New Price of $7.00 per Ib. Cost per lb. Cost per Portion Cost Factor Per lb. New Price per lb. Cost Factor Per Portion New Price per lb. $ 2.0981 $ 7.00 $ 14.69 1.049 $ 7.00 $ 7.34 Exercise 6.2 Complete the butcher's test card for beef tenderloin. If the price of the whole piece goes to $7.00 per pound, what would be the new price per pound and per portion for the usable meat? Item Beef Tenderloin Pieces One Total Cost $58.50 Grade Weiging At US Choice 9 Lbs. O OZ $6.50 per lb Date 8-Oct Average Weight Supplier XYZ Meat Co. Weight Lb. Oz Ratio to Value Per Total Total Weight Pound Value Cost of Each Usable Portion Lb Oz Size Portion Cost Cost Factor Per Lb Portion Breakdown No. 4 Fat Loss in Cutting Tip Meat Usable Meat AOO 4 4 4 4 47 229 2.78% 2.78% 47.22% $0.00 $0.00 $4.50 $0.00 $0.00 $1.63 $56.88 $13.38 $0.84 8 Oz $6.69 5 3 Total D 0 $58.50 100% At a New Price of $7.00 per Ib. Cost per lb. Cost per Portion Cost Factor Per lb. New Price per lb. Cost Factor Per Portion New Price per lb. $ 2.0981 $ 7.00 $ 14.69 1.049 $ 7.00 $ 7.34 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started