Larkspur company owns a 8,680-acre tract of timber purchased in 2003 at a cost of $1,612 per acre. at the time of purchase, the land was estimated to have a value of $372 per acre without the timber. larkspur company has not logged this tract since it was purchased. in 2017, larkspur had the timber cruised. the cruise (appraiser) estimated that each acre contained 9,920 board feet of timber. in 2017, larkspur built 10 miles of roads at a cost of $9,722 per mile. after the roads were completed, larkspur logged and sold 4,340 trees containing 1,054,000 board feet. correct answer. your answer is correct. determine the cost of timber sold related to depletion for 2017. (round intermediate calculations to 5 decimal places,
e. g. 1.24654 and final answer to 0 decimal places,
e. g. 5,125.) cost of timber sold $entry field with correct answer 131750

Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?