E 12. Walden Green provides custom farming services to owners of 5-acre wheat fields. In July, he

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E 12. Walden Green provides custom farming services to owners of 5-acre wheat fields. In July, he earned $2,400 by cutting, turning, and baling 3,000 bales. In the same month, he incurred the following costs: gas, $150; tractor maintenance,

$115; and labor, $600. His annual tractor depreciation is $1,500. What was Green’s cost per bale? What was his revenue per bale? Should he increase the amount he charges for his services?

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Managerial Accounting

ISBN: 9780538742801

9th Edition

Authors: Susan V Crosson, Belverd E Needles

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