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Question - You purchase 3 pound organic chickens that cost $3.24 per pound.
1. What is your cost per chicken?
2. What is the cost per portion if each chicken serves 2 people?
3. There is a 58% yield of usable weight after the chicken is butchered. Calculate the usable weight.
4. Now what is the price per pound of usable weight?
5. What price should I sell a portion of chicken for if I wanted a 25% food cost?
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Suzy Manufacturing has estimated monthly sales of 18,000 units for $48 per unit. Variable costs include manufacturing costs of $27 and distribution costs of $9. Fixed costs are $60,000 per month.
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