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Rojas Company purchased for $560,000 a mine estimated to contain 2 million tons of ore.the company paid for drilling 20,000$ and it expects to pay
Rojas Company purchased for $560,000 a mine estimated to contain 2 million tons of ore.the company paid for drilling 20,000$ and it expects to pay 20,000 as restoration cost during 2015 the company extracted 500,000 tons and sold 200,000.the amount of inventory at the end of 2015 will be : Select one: o a. 150,000 b. 90,000 C. 540,000 d. 60,000 Fogelberg Company purchased equipment for $12,000. Sales tax on the purchase was $600. Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment? Select one: a. $12,000. b. $12,600. C. $13,530. d. $13,110
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