CALCULATING DIVIDENDS 121 



Total butter fat at Creamery = 805. 42 Ibs. 



Sales of butter. 



205 Ibs. at 23 cts. = $47-15 

 240 Ibs. at 23.5 cts. = 56.40 

 214 Ibs. at 24 cts. = 51.36 

 269 Ibs. at 24 cts. = 64.56 



Total. . . 928 Total ....... $219.47 



6. Total pounds of butter = 928. 



Price charged for making = 3 cts. per pound. 

 928 X .03 $27.84 = Amount charged to cover running 

 expenses. 



7. $219.47 $27.84 = $191. 63 = Net money due patrons. 



8. $191. 63 -=-805.42 = $.2379 Average price per pound but- 



ter fat. 



9. 271.05 X $.2379 = $64.48 = A's money. 

 193.91 X .2379= 46.i3 = B'smoney. 

 340.46 X .2379= 81.00= C's money. 



OVERRUN. 



In a well conducted creamery the total pounds of butter 

 is always greater than the total pounds of butter fat. The 

 excess is called the "overrun." 



In the above problem 805.42 pounds of butter fat made 928 

 pounds of butter. 



928.00 805.42 = 122.58 = No. pounds overrun. 

 122.58 -r- 805.42 = 15.2 = Per cent overrun. 



