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lamooothegoat
10.01.2020 •
English
Which two quotes from the text best support your answers to part a?
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Ответ:
What are the two quotes, what is the story we are writing about, and what was your answer to part A about. We do not have enough context, therefore I cannot answer your question.
Explanation:
Not enough Info.
Ответ:
(a) Per unit material cost.
$23 per tontotal cost of the mine = $1,190,000 (purchase cost) + $90,000 (restoration costs) + $200,000 (development costs) - $100,000 (salvage value) = $1,380,000
estimated tons of minerals = 60,000 tons
cost per ton = $1,380,000 / 60,000 tons = $23 per ton
(b) Total material cost of December 31, 2017, inventory
$184,000during 2017 extracted 30,000 tons and sold 22,000 tons, so the total inventory = (30,000 tons - 22,000 tons) x $23 per ton = $184,000
(c) Total material cost in cost of goods sold at December 31,
$506,000since the company sold 22,000 tons, the COGS = 22,000 tons x $23 per ton = $506,000