120 CREAMERY BUTTER MAKING 



per pound ; the sum obtained by adding all the sales will 

 be the total gross receipts. 



6. Calculate the amount charged* to cover running ex- 

 penses by multiplying the total pounds of butter by the 

 price charged for making. 



7. Subtract the sum charged to cover running ex- 

 penses from the total gross receipts, the difference will 

 be the net money due patrons. 



8. The total net money divided by the total pounds 

 of butter fat will give the average price per pound of 

 butter fat. 



9. Each patron's share of the monthly dividend is now 

 found by multiplying his total butter fat by the average 

 price per pound of butter fat obtained in 8. 



To make the above steps perfectly clear let us calculate 

 a monthly dividend at a creamery in which A, B, and C 

 are the patrons. 



Milk Pounds. 

 Date. ABC 



I. August i 260 150 312 



August 2 255 151 300 



August 3 261 145 305 



August 31 240 162 301 



Total 8,091 , 4,650 9,405 



Per cent of butter fat. 

 Date. ABC 



2. August 7 3-3 4-2 3-6 



August 15 3-4 4-3 3-6 



August 23 3-4 4-2 3-7 



August 31 3-3 4-0 3-6 



4| 13.4 4[ '6-7 4| 14-5 

 Average test 3.35 4.17 3.62 



