Case 2. Refer to Case 1. During June. Bobby Jones made a big effort to control the

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Case 2. Refer to Case 1. During June. Bobby Jones made a big effort to control the farm's costs. He expects the level of costs incurred during June to continue in the future. Required 1. What is the cost per box for June production only? (Hint: Do not include beginning Work in Process Inventory costs.) 2. Using the June production cost per unit, what is the gross profit per box? 3. If the farm sells 18,000 boxes of crickets a month and keeps costs at the June level, will Jones earn his desired return on investment? What is the monthly return on investment using only the June data?

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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