Answer:
D) $22.5 Million
Step-by-step Explanation:
To calculate the cost of goods sold of minerals we first need to compute the depletion cost.
- Calculate Cost depletion:
Formula: × <em>U</em>
<em>Where:</em>
<em>APV = </em>Adjusted property Value.
<em>TR = </em>Total reserves.
<em>U = </em>Units extracted in a given period.<em> </em>
Data:
- APV: [$40 + (0.25 × $100) + $60] = 125,000,000
- TR: $20 million tons
- U: 2 million tons.
Putting values in the formula:
Depletion cost = × 2,000,000 = 12,500,000
- Calculate costs of goods sold:
CGS = (Depletion cost + wages and extraction costs)
CGS = 12,500,000 + 10,000,000 = $22,500,000
- The wages and other cost wasn't included in Depletion cost because it is an inventory cost which is supposed to be included in the cost of goods sold.
Answer:
b. all of the above
Explanation:
The correct answer is that all of the above determine an organization's structure.
The organization's mission determines its structure because it establishes the main goal of the organization, and everything in the organization is ultimately determined by that.
The organization's strategy also determines its structure because it establishes the departments, employees, and actions, similar to the way that the mission determines these things.
Finally, the organization's size is obviously related to its structure. A large organization will have a more complex structure than a smaller organization for example.
I think that it is C but Im not sure
Answer:
Answer is Option C: 750,000.
Explanation:
A stock dividend is a payment that is made to the shareholders in shares and not in cash. It increases the number of common shares that are representing the shareholder's investment. When this occur, a company needs to restate the shares that were outstanding before the stock dividend.
When we calculate the weighted-average number of shares outstanding for 2015, we sum it for the whole year for all quarters.
Total for the whole year will come as 750,000.
Answer:
358,000
Explanation:
The number of units to be produced is dependent on the desired closing units, the sales and opening balance
Hence,
Opening balance + Units produced - Sales = Closing balance
Let the goods produced be y
1,200 + y - 356,000 = 3,200
y = 3,200 + 356,000 - 1,200
y = 358,000
The company should produce 358,000 units during the quarter if company desires 3,200 units available to start the next quarter.