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A farmer purchases 750-pound feeder steers for $1.18 per pound and plans to sell the steers at 1300 pounds. The farmer estimates the total cost of gain to be $0.80 per pound. The nearest breakeven price when the steers are sold at 1300 pounds is (round to the nearest cent):

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A farmer purchases 750-pound feeder steers for $1.18 per pound and plans to sell the steers at 1300 pounds. The farmer estimates the total cost of gain to be $0.80 per pound. The nearest breakeven price when the steers are sold at 1300 pounds is (round to the nearest cent):






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