Question: 2. Using the form illustrated in Figure 6.3, complete butcher test calculations on a beef tenderloin. U.S. Choice, from the following information: Weight as purchased:

2. Using the form illustrated in Figure 6.3, complete butcher test calculations on a beef tenderloin. U.S. Choice, from the following information:

Weight as purchased:

8 lbs 8 oz

Dealer price (per lb)

$4.190

Portion size for Filet Mignon (oz)

Breakdown:

Fat

4 lbs 12 oz

Fat value per lb

$0.000

Tidbits

12 oz

Tidbits value per lb

$2.490

Filet Mignon

3 lbs 0 oz

Butcher Test Card

Item:

Beef Tenderloin

Grade

U.S. Choice

Date

10/20/2015

Pieces

Weighing

8.5

Average Weight

Total Cost

$35.62

$4.19

Supplier

XYZ Meat Co.

Breakdown

No.

Weight

Ratio to

Value Per

Total

Cost of Each Usable

Portion

Cost Factor Per

lbs

Total Weight

Pound

Value

Lb.

Oz.

Size (oz)

Cost

Lb.

Portion

Fat

Loss in Cutting

Tip Meat

Usable Meat

Total

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

How is a priceconsumption curve related to a demand curve?

1. In each of the following cases, determine selling price for 1 portion of a recepie yielding 30 portions, when the standard recipe cost and desired cost-to-sales ratio are as indicated in the...

2. Using the form illustrated in Figure 6.3, complete butcher test calculations on a beef tenderloin, U.S. Choice, from the following information: Weight as purchased: 8 lbs. 8 oz. Dealer price: $...

2. Using the form illustrated in Figure 6.3 , complete butcher test calculations on a beef tenderloin, U.S. Choice, from the following information: Weight as purchased: 8 lbs. 8 oz. Dealer price: $...

Using the form illustrated in Figure 6.3, complete butcher test calculations on a beef tenderloin, U.S. Choice, from the following information: Weight as purchased: 8 lbs. 8 oz. Dealer price: $4.19...

some to 2. Using the form illustrated in Figure 6.3, complete butcher test calculations on a beef tenderloin, Canada AAA, from the following information: Weight as purchased: 4.0 kg Dealer price:...

1. Using the butcher test template, complete the butcher test calculations for a beef tenderloin a Top Butt Purchased: 9.5kg Price per kilo: $12.30 2 b C The following information, taken from records...

Butcher Test Questions Please round to two decimal points 1. Using the butcher test template, complete the butcher test calculations for a beef tenderloin. a. Top Butt Purchased: 8.7kg Price per...

Should be purchase Hint: Use yield percentage 2. The following information, taken from records in the Circle Restaurant, provides the results of butcher tests on 10 legs of veal, Canada Grade A1,...

Please round to two decimal points 1. Using the butcher test template, complete the butcher test calculations for a beef tenderloin. a. Top Butt Purchased: 8.7kg Price per kilo: $13.40 Filet portion...

Assume that risk-free bonds earn a return of 3.5% and that an investment today of $1000 in the market index fund will pay off either $1200 (strong economy) or $850 (weak economy) one year from today....

Perform vertical analysis of the data in the previous table to indicate any potential red flags regarding possible understatement of theCOGS. FIVE-YEAR FINANCIAL DATA FOR COMPANY A YEAR I YEAR 2...

Antonio invests $2,625, at 4% interest, compounded semiannually for 13 years. Use the compound interest formula to calculate the compound amount for his investment.$1,767.72 $3,990.00 $4,370.81...

The relative authority that each manager in the organization has from the CEO down to the lowest - level manager is called the Multiple Choice unity of direction. corporate ladder. chain of command....

The text lists numerous suggestions for how to prevent accidents. Based on what you know about the Texas City explosion, what do you say Texas City tells you about the most important three steps an...

15-2 With government policies like this, how do you think French companies remain competitive with those, say, in the United States?

1 If you were a high-level administrator at a university what difficulties might you expect to find in implementing this balanced scorecard approach? Publicly funded universities face pressure to...