Multiple Choice
You are preparing 12-ounce rib-eye steaks from a prime beef rib. The purchase weight is 22 pounds. Price per pound is $3.85. Waste products (blood and fat) come out to 3 pounds. Secondary cuts are 4.8 pounds at $.85 per pound. What is the cost factor per portion?
A) 1.3
B) 1.8
C) 2.0
D) 1.5
Correct Answer:

Verified
Correct Answer:
Verified
Q13: You have purchased one 50-pound case of
Q14: Costs of acquisition are generally higher when
Q15: Your role as a purchaser is to
Q16: The difference between end-product price and as-purchased
Q17: Calculating yield percentage tells you whether or
Q19: What is volume pricing?
Q20: Most products have about the same value
Q21: You have purchased one 50-pound case of
Q22: Once you create your purchase specifications, you
Q23: You have purchased one 50-pound case of