Solution-Adp mining company mines an iron ore called alpha

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.

User Account

All Pages

Adp mining company mines an iron ore called alpha

Reference no: EM13912739

Reference no: EM13912739

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT