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Higgins Company, a full cost company located in Texas, sold 3,000 (gross) Mcf of gas with a heat content of 1.035 MMBtu/Mcf. The selling price

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Higgins Company, a full cost company located in Texas, sold 3,000 (gross) Mcf of gas with a heat content of 1.035 MMBtu/Mcf. The selling price of the gas was $9.00/MMBtu. REQUIRED: a. Determine the MMBtus for the gas sold. b. Determine the total sales price. c. Determine the unit sales price per Mcf. For numerical answers: (1) DO NOT use commas to separate thousands places in numerical answrs (2) use a minus sign to indicate negative numbers.(3) DO NOT use dollar signs. Answer letter Description a. MMBtu of gas sold MMBtu b. Total sales price c. Unit sales price per Mcf per Mcf

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