Alumber mill bought a shipment of logs for $58,000. when cut, the logs produced a million board feet of lumber in the following grades. compute the cost to be allocated to type 1 and type 2 lumber, respectively, if the value basis is used. (do not round your intermediate calculations.) type 1 - 400,000 bd. ft. priced to sell at $0.12 per bd. ft. type 2 - 400,000 bd. ft. priced to sell at $0.06 per bd. ft. type 3 - 200,000 bd. ft. priced to sell at $0.04 per bd. ft. multiple choice $58,000; $24,000. $34,800; $17,400. $10,944; $5,800. $24,000; $8,000. $16,000; $16,000.

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000

Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.

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