Formula to determine changes in the class II wholesale and retail prices.

51-03-03-17. Formula to determine changes in the class II wholesale and retail prices. For each federal market order no. 30 class II price increase or decrease of fifteen cents per hundredweight above, or price increase or decrease of twenty-three cents per hundredweight below the twelve dollars and seventeen cents base class II hundredweight price, or an increase or decrease of $.001 in the federal market order no. 30 butterfat differential based on $.162, the following factors will be used in determining adjustments in the class II wholesale and retail prices: Item Hundredweight Factor B.F. Factor Half half - pint $.0016 $.0008 Whipping cream - ½ pint .0016 .0015 Sour cream - 8 ounce .0008 .0008 Cottage cheese - 1 pound .0140 (.0012) Yogurt - 8 once .0008 .0008 All price adjustments at the wholesale and retail levels should be made to the nearest one cent per unit. Item Hundredweight Factor B.F. Factor 1 gallon shake mix $.0110 $.0004 1 gallon soft serve mix .0110 .0021 All price adjustments at the wholesale level should be made at four cents per gallon increments. History: Amended effective June 1, 1979; November 1, 1983; April 1, 1984; July 1, 2000. General Authority: NDCC 4.1-26-01, 4.1-26-10, 4.1-26-11, 4.1-26-12, 4.1-26-13, 4.1-26-14, 4.1-26-15, 4.1-26-16, 4.1-26-35, 28-32-03.1(3) Law Implemented: NDCC 4.1-26-10, 4.1-26-11, 4.1-26-12, 4.1-26-13, 4.1-26-14, 4.1-26-15, 4.1-26-16