Question: Bernardo Beefmaster has 50 cull cows that average 1100 lbs and he purchased them for $60/cwt. He fed the cows for 55 days and

Bernardo Beefmaster has 50 cull cows that average 1100 lbs and he purchased them for $60/cwt. He fed the cows for 55 days and sold them at 1260 lbs for $65/cwt. The cows averaged about 30 lbs of feed per day, and cost $7/cwt. Calculate the average daily gain, feed efficiency (feed:gain), feed only cost of gain, breakeven per pound and total, and the total margin. WHAT IS THE BREAKEVEN VALUE PER POUND?

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