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The following data from the cost of production reports of Parchment Papers are available for analysis. Time left 0:13:19 September October November December Paper stock

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The following data from the cost of production reports of Parchment Papers are available for analysis. Time left 0:13:19 September October November December Paper stock $50,400 $47,880 $45,360 $48,384 Coating $8,640 $8,892 $9,720 $11,750 Conversion cost $28,800 $27,360 $25,920 $27,648 Pounds input 75,000 70,300 65,700 69,120 Pounds output 72,000 67,488 63,072 66,355 Determine the paper cost per output pound and the yield for each month. Interpret the results. Round paper cost per output pound to the nearest cent and yield to the nearest whole percent. September October November December Paper cost* $0.70 $0.71 $0.72 $0.73 Yield* * 96% 96% 96% 96% *Paper Cost per Output Pound = Paper Cost : Pounds Output **Yield = Pounds Output + Pounds Input

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