Business, 08.04.2020 04:32 laurenppylant
475 Jack's Lumber Yard receives 8,000 large trees each period that it subsequently processes into rough logs by stripping off the tree bark and leaves. Jack’s then must decide whether to sell its rough logs (for use in log cabin construction) at split-off or to process them further into refined lumber (for use in regular construction framing). Jack's normally sells logs for a per-unit price of $475. Alternately, each log can be processed further into 800 board feet of lumber at an additional cost of $0.05 per board foot. Also, lumber can be sold for $0.75 per board foot. (Note: One tree is equal to one rough log.)What is the contribution to income from selling the logs for log cabin construction?
What is the contribution to income from processing the logs into lumber?
Should Jack's continue to sell the logs or process them further into lumber?
Answers: 1
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Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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475 Jack's Lumber Yard receives 8,000 large trees each period that it subsequently processes into ro...
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