122 DAIRY LABORATORY GUIDE 



Application: 1. What will be the dividends due each 

 patron for a given period when No. 1 delivers 1200 pounds of 

 first-grade cream, No. 2 delivers 3000 pounds, No. 3 delivers 

 2500 pounds, and No. 4 delivers 1800 pounds, testing accord- 

 ing to the above samples? Assume $125 for running expenses 

 and J^c per pound of butter-fat for a sinking fund. 



2. What will be the net dividend for each patron where 

 second-grade cream is delivered and the butter from it sells 

 for 4c per pound below market quotations for Extras? 



3. What is a sinking fund? How is the net price per 

 pound of butter-fat determined for the period? 



4. What conditions make it possible for the price per 

 pound of butter-fat to be more than the selling price for 

 butter? 



Student's Notes: 



