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Business, 07.04.2020 19:31 TheOriginalMeyah

On July 1, 2020, Blue Spruce Corp. invested $689,920 in a mine estimated to have 784,000 tons of ore of uniform grade. During the last 6 months of 2020, 121,000 tons of ore were mined. Assume that the 100,000 tons of ore were mined, but only 80,000 units were sold. How are the costs applicable to the 20,000 unsold units reported?

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On July 1, 2020, Blue Spruce Corp. invested $689,920 in a mine estimated to have 784,000 tons of ore...
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