subject
Business, 28.01.2020 02:31 kevinh2683

Martinez mining company purchased land on february 1, 2020, at a cost of $1,031,100. it estimated that a total of 54,000 tons of mineral was available for mining. after it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. it estimates the fair value of this restoration obligation at $99,900. it believes it will be able to sell the property afterwards for $111,000. it incurred developmental costs of $222,000 before it was able to do any mining. in 2020, resources removed totaled 27,000 tons. the company sold 19,800 tons. compute the following information for 2020.

(a) per unit mineral cost

$enter a dollar amount

(b)
total material cost of december 31, 2020, inventory

$enter a dollar amount

(c)
total material cost in cost of goods sold at december 31, 2020

$enter a dollar amount

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 18:30
Which of these is an example of innovation?
Answers: 2
question
Business, 22.06.2019 20:50
Power plants that rely on coal increase the amount of sulfur dioxide that dissolves into the air, eventually increasing the acidity of precipitation. the higher acidity of rain and snow can damage forests by making it more difficult for plants to absorb minerals from the soil. the equations below provide information about the market demand and supply of electricity. there is a constant marginal external cost of $25 per unit of electricity.d: qd= 200 – 2ps: qs=p – 10what quantity of electricity satisfies allocative efficiency in this market? a. 60b. 70c. 50d. 43.3
Answers: 2
question
Business, 22.06.2019 21:30
Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?
Answers: 2
You know the right answer?
Martinez mining company purchased land on february 1, 2020, at a cost of $1,031,100. it estimated th...
Questions
question
Mathematics, 04.12.2020 01:00
question
Mathematics, 04.12.2020 01:00
question
Mathematics, 04.12.2020 01:00
question
Mathematics, 04.12.2020 01:00
question
Mathematics, 04.12.2020 01:00
question
Biology, 04.12.2020 01:00
Questions on the website: 13722363