mathxl.com Apple Bing Google Yahoo Google ww AMC Dine- AE Denim...Indeed Re... 9
ID: 2559150 • Letter: M
Question
mathxl.com Apple Bing Google Yahoo Google ww AMC Dine- AE Denim...Indeed Re... 941 E 26th Plus Size Assignme... Do Hom.. S2018 PlI ACCT 205 (03) CRN17531 Tey'arrah Jernrge ? | 4/1/18 10:07 PM Homework: Chap 25 Short Term Decision Score: 0 of 1 pt P25-32B (similar to) Save HW Score: 56.41 %, 2.26 of 4 pts ?Question Help Seminole Petroleum has spent $205,000 to refine 60,000 gallons of petroleum dstilate, which can be sold for $6.40 per galon. Anematively, Semindle can process the distllate further and produce 58,000 gallons of cleaner fuid. The addional processing wil cost $1.70 per galon of distilate. The cleaner fluid can be sold for 00 per gallon. Tosel deaner tuid. Seminole must pay a sales commission of SO 10 per gallon and a transportato, darge of $0.20 per galon Read the resuirements Requirement 1. Fil in the diagram for Semincle's aternatives from Joint costs of producing 60,000 galons of petroleun Cost of rom processing Enter any number in the edit flelds and then click Check Answer Check Answer Clear All PansanngExplanation / Answer
Answer:
Joint Cost of producing 60,000 gallons of Petroleum distillate = $205,000
Revenue from selling as it = $6.40 * 60,000 Gallons
Revenue from selling as it = $384,000
Cost of processing further = $384,000 + ($1.70 * 60,000)
Cost of processing further = $384,000 + $102,000
Cost of processing further = $486,000
Revenue from processing further = $9.00 * 58,000
Revenue from processing further = $522,000
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.