Question: Exercise 6.4 Use the information gained from completing exercise 6.3 and find the following: a. The cost of the standard 5-ounce portion at each of

Exercise 6.4 Use the information gained from

Exercise 6.4 Use the information gained from

Exercise 6.4 Use the information gained from completing exercise 6.3 and find the following: a. The cost of the standard 5-ounce portion at each of the following dealer prices. 1. $6.55 per lb. 2. $6.75 per Ib. 3. $6.85 per lb. 4. $7.25 per lb. b. Find the cost of each of the following. 1. A 6-ounce portion, if the dealer price is $6.55 per Ib. 2. A 4-ounce portion, if the dealer price is $6.95 per Ib. 3. A 4-ounce portion, if the dealer price is $7.05 per Ib. c. Develop a chart showing 4-ounce, 5-ounce, and 6-ounce portions at dealer prices per pound of $6.00, $6.10, and so on in $0.10 increments up to $7.00 per pound. Standard Portion Cost a. Dealer Price x Cost Factor per Portion $6.55 x $6.75 x $6.85 x $7.25 x = = = X Portion Size (Decimal) = Cost b. Dealer Price x Cost Factor per Pound $6.55 x $6.95 x $7.05 x X X II 11 11 C. Cost of Portion Sizes 5-oz 4-oz 6-oz Dealer Price $6.00 $6.10

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