Question
Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the store's leading products use
Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the store's leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Colombian Mild coffee beans, which are purchased from a distributor located in New York City. Because Romans purchases large quantities, the coffee beans may be purchased on an as-needed basis for a price 10% higher than the market price the distributor pays for the beans. The current market price is $0.46 per pound for Brazilian Natural and $0.64 per pound for Colombian Mild. The compositions of each coffee blend are as follows:
Blend | ||
---|---|---|
Bean | Regular | DeCaf |
Brazilian Natural | 60% | 40% |
Colombian Mild | 40% | 60% |
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