User Account

All Pages

Adp mining company mines an iron ore called alpha

Assignment Help Managerial Accounting
Reference no: EM13912739

ADP Mining Company mines an iron ore called Alpha. During the month of August, 175,000 tons of Alpha were mined and processed at a cost of $525,000. As the Alpha ore is mined, it is processed into Delta and Pi, where 60% of the Alpha output becomes Delta and 40% becomes Pi. Each product can be sold as is or processed into the refined products Super Delta and Precision Pi. Selling prices for these products are:

329_262-B-M-A-D-M (1081).png

Processing costs to refine Delta into Super Delta are $840,000; processing costs to refine Pi into Precision Pi are $560,000.

Required:

a. Should Delta and Pi be sold as is or refined into Super Delta and Precision Pi?
b. Identify any costs in the problem that are not relevant to this decision.
c. What is the maximum profit that ADP Mining Company can expect to earn from the production of the 175,000 tons of Alpha?

Reference no: EM13912739

Questions Cloud

An inflow of cash or an outflow of cash : purposes of the statement of cash flow, classify each of these transactions as an operating, investing, or financing activity. Additionally, indicate whether the activity is an inflow of cash or an outflow of cash.
Define the causal order for the transitions of a system : Define the causal order for the transitions of a system with synchronous communication. Define clocks for such systems, and give a distributed algorithm for computing a clock.
What is the net torque : Mario weighs 650N and the Hour hand weighs 5000N and is uniform in density. The time is 3pm. The Hour hand is 5 meters long. What is the net Torque around the pin that attaches the hour hand to the clock face?
Describe execution of protocol where given phenomenon occurs : Describe an execution of the protocol where this phenomenon occurs. Is it possible to design a protocol in which the sender generates an error report within a bounded time, if and only if the word is not delivered by the receiver?
Adp mining company mines an iron ore called alpha : ADP Mining Company mines an iron ore called Alpha.
Question regarding the thermal energy : An 800kg roller coaster car is launched horizontally from a giant spring (k = 35 kN/m), rolls 10 m and them goes thru a vertical loop of radius 7 m. If for every meter the car rolls on the track, thermal energy increases by 800 J, would compressin..
Analyse and apply relevant provisions of corporations act : The significant degree in overlap in the management of both companies and the very large degree of control exercised over the four directors of Xpress Air Ltd by Kwik Air Ltd was seen to be strange and, quite frankly, highly suspicious.
Determine the resultant velocity of the canoeist : Determine the resultant velocity of the canoeist, relative to the shore.
Describe a computation of the timer-based protocol : Describe a computation of the timer-based protocol in which the receiver opens a connection upon receipt of a packet with a sequence number greater than zero.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How can the manager of snowmobile sales at arctic cat

How can the manager of snowmobile sales at Arctic Cat use flexible budgets to enhance performance?

  Calculte the folowingn1 gdp in income approachnbsp and

calculte the folowingn1 gdp in income approachnbsp and expenditure approach2 gnp3 net gnp4 national income5 personal

  Elaborate on the impact of communication in a mnc

Illustrate common and unique features of localization vs standardization using a Venn Diagram or similar chart, be sure that the chart or graph shows specific examples.

  Cost pop''s to produce and sell one more hamburger

What does it cost Pop's to produce and sell one more hamburger? Attached is the answer you gave me on the costs breakdown

  Show the integrity issues

Do you think that you should face the same integrity issues that an outside auditor faces with respect to conflicts of interest? Why, or why not?

  Direct and indirect cost-mercy greeting cards

Mercy Greeting Cards Incorporated is starting a new business venture and are in the process of evaluating its product lines. Information for one new product, traditional parchment grade cards, is as follows: What is the total estimated life-cycle o..

  Implement the balanced scorecard in organization

List and describe the four perspectives of the Balanced Scorecard and what steps would you encourage him or her to take in order to successfully implement and use the Scorecard?

  Relevant costs and benefits

Vernazza Pizza's owner bought his current pizza oven four years ago for $10,000 and it has one more year of life remaining. He is using straight-line depreciation for the oven.

  Question 1martinez plastics company makes just two product

question 1martinez plastics company makes just two product lines plastic casings for pens and plastic casings for cell

  Negative effect in revenue earned

The overhead costs to re-vamp a new system, production slow-down, costs of training will all have a negative effect in revenue earned if this change is done after the fact.

  Question 1 consider the following potential investment

question 1 consider the following potential investment which has the same risk as the firms other projectstimecash

  Compute the number of units

a.Compute the number of units that must be sold to earn a profit of $80,000. b.Compute the number of units that must be sold if advertising costs rise by $12,000 and a targeted

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd