{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T09:53:05-04:00", "answer_date": "2024-06-28 09:53:05", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4289457", "url": "\/study-help\/questions\/mankus-inc-is-considering-using-stocks-of-an-old-raw-4289457", "question_creation_date_js": "2024-06-28T09:53:05-04:00", "question_creation_date": "Jun 28, 2024 09:53 AM", "meta_title": "[Solved] Mankus Inc. is considering using stocks o | SolutionInn", "meta_description": "Answer of - Mankus Inc. is considering using stocks of an old raw material in a special project. The special project would require | SolutionInn", "meta_keywords": "mankus,inc,stocks,old,raw,material,special,project,require,120,kilograms,stock", "question_title_h1": "Mankus Inc. is considering using stocks of an old raw material in a special project. The special project would require all 120 kilograms of the", "question_title": "Mankus Inc. is considering using stocks of an old raw material in", "question_title_for_js_snippet": "Mankus Inc is considering using stocks of an old raw material in a special project The special project would require all 120 kilograms of the raw material that are in stock and that originally cost the company $816 in total If the company were to buy new supplies of this raw material on the open market, it would cost $7 25 per kilogram However, the company has no other use for this raw material and would sell it at the discounted price of $6 75 per kilogram (including shipping cost) if it were not used in the special project The sale of the raw material would involve delivery to the purchaser at a total cost of $50 00 for all 120 kilograms What is the relevant cost of the 120 kilograms of the raw material when deciding whether to proceed with the special project Explain your answer with all relevant calculation ", "question_description": "

Mankus Inc. is considering using stocks of an old raw material in a special project. The special project would require all 120 kilograms of the raw material that are in stock and that originally cost the company $816 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7.25 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6.75 per kilogram (including shipping cost) if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $50.00 for all 120 kilograms. What is the relevant cost of the 120 kilograms of the raw material when deciding whether to proceed with the special project?Explain<\/strong> your answer<\/strong> with all relevant calculation.<\/p>", "transcribed_text": "", "related_book": { "title": "Principles Of Accounting Volume 2 Managerial Accounting", "isbn": "0357364805, 9780357364802", "edition": "1st Edition", "authors": "OpenStax", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2022\/04\/626124ab6f7b1_547626124ab246f0.jpg", "uri": "\/textbooks\/principles-of-accounting-volume-2-managerial-accounting-1st-edition-9780357364802", "see_more_uri": "" }, "free_related_book": { "isbn": "9401043981", "uri": "\/textbooks\/polytopes-abstract-convex-and-computational-1st-edition-978-9401043984-313205", "name": "Polytopes Abstract Convex And Computational", "edition": "1st Edition" }, "question_posted": "2024-06-28 09:53:05", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/nixon-holiday-has-decided-to-start-a-small-delivery-business", "description": "Nixon Holiday has decided to start a small delivery business to help support himself while attending school. 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