Question

Dairy Delight, a producer of premium cheese products, decides that 10 quarts of milk is to be used to produce one pound of cheese and that the price to be paid for one quart of milk is $2. The standard cost of the milk per pound of cheese is:

a.$10.
b.$8.
c.$12.
d.$20.

Answer 1

The standard cost of milk per pound of cheese is $20 when using 10 quarts of milk at $2 per quart to make one pound of cheese.

Step-by-step explanation:

The student is asking about the standard cost of milk per pound of cheese when 10 quarts of milk are used to make one pound of cheese, and the price per quart of milk is $2. To find the standard cost, you would multiply the number of quarts used per pound of cheese (10 quarts) by the price per quart ($2). This gives us a standard cost of $20 per pound of cheese (10 quarts x $2 per quart).