Abc company acquired mineral rights for $15,000,000. the mineral deposit is estimated at 60,000,000 tons. during the current year 11,500,000 tons were mined and sold for $3,500,000. what is the rate per ton?

$0.25 per ton

Explanation:

The computation of the rate per ton is shown below:

= Acquired value of mineral rights ÷ estimated mineral deposit in tons

= $15,000,000 ÷ 60,000,000 tons

= $0.25 per ton

Since the question is taking about the natural resources so we assume that the rate per ton would be depletion rate per ton and according to that, the calculation is shown

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.