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My company mines an iron ore called Alpha. During the month of December, 400,000 tons of Alpha were mined and processed at a cost of $742,500. As the Alpha ore is mined, it is processed into Delta and Pi, were 60% of the Alpha output becomes Delta and 40% becomes Pi. Each product can be sold as it or processed into the refined products Super Delta and Precision Pi. Selling prices for these products are:
Processing costs to refine Delta into Super Delta are $2,400,000; processing costs to refine Pi into Precision Pi are $1,600,000.Should Delta and Pi be sold as it or refined into Super Delta and Precision Pi? Why did you choose your answer?
slick corporation is a small producer of synthetic motor oil. during may the company produced 5000 cases of lubricant.
Assume Victor will itemize deductions in 2010 (and that this was Victor's only personal casualty). What is the casualty loss amount that Victor may actually deduct on his return?
john and ellen brite are married and file a joint return. john owns an unincorporated specialty electrical lightning
alimony. as a result of their divorce fred agrees to pay alimony to tammy of 20000per year. the payments are to cease
strong wood company is a distributor of patio furniture. data concerning the next months budget appear below.selling
dimitry chernitsky is seeking part-time employment while he attends school. he is considering purchasing technical
Knique Shoes issued a 100,000, 8 month, noninterest-bearing note. The loan was made by Second Commercial Bank whose stated discount rate is 9%. The effective interest rate on this loan (rounded) is:
Transactions for Marlin Company for the month of June are presented below. Identify the accounts to be debited and credited for each transaction.
What is the budgeted overhead rate for the company?
The chief cost accountant for Dr. Cinnamon Beverage CO, estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning April 1 would be $106,800
a company has the choice of either selling 1000 defective units as scrap or rebuilding them. the company could sell the
would your response to part e change if the st. falls plant could use the facilities necessary to produce parts for job
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