Underground Food Store has 3,000 pounds of raw beef nearing its expiration date. Each pound has...

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Underground Food Store has 3,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold "as is" for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.70 per pound, and each pound could be sold for $6.40. What should be done with the beef, and why? If required, round final answers to two decimal places. The beef should be by $ per pound and the cost only increases ✓by $ ✔ processed further since the sales price increases per pound. Underground Food Store has 3,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold "as is" for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.70 per pound, and each pound could be sold for $6.40. What should be done with the beef, and why? If required, round final answers to two decimal places. The beef should be by $ per pound and the cost only increases ✓by $ ✔ processed further since the sales price increases per pound.

Answer rating: 100% (QA)

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