Universal mines inc. operates three mines in west virginia. the ore from each mine is separated into two grades before it is shipped. the daily production capacities of the three mines, as well as their daily operating costs, are as follows: high-grade ore, tons/day low-grade ore, tons/day operating cost in $/day mine i 4 4 20,000 mine ii 6 4 22,000 mine iii 1 6 18,000 universal has committed itself to deliver 54 tons of high-grade order and 65 tons of low-grade ore by the end of the week. universal can run its mines seven days a week if required. determine the number of days each mine should be operated during the upcoming week if universal mines is to fulfill its commitment at the minimum total cost. round the answers to two decimal places. a. the number of days mine i should operate = days b. the number of days mine ii should operate = days c. the number of days mine iii should operate = days d. the total cost of the operation for next week = $

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?