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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
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.
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Draft a memo discussing whether Robertsons sale of metal shavings to the recycler is subject to ASC Topic 606?
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