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C34 Existence of a contract @LO 3-2) Robertson, Inc., manufactures metal products. As part of the manufacturing process, metal shavings are produced. Rather than disposing

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C34 Existence of a contract @LO 3-2) Robertson, Inc., manufactures metal products. As part of the manufacturing process, metal shavings are produced. Rather than disposing of the metal shavings, Robertson sells them to a metal recycler. Required: Draft a memo discussing whether Robertson's sale of metal shaving to the recycler is subject to ASC Topic 606

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