- A Lumber Mill Bought A Shipment Of Logs For 40 000 When Cut The Logs Produced 1 000 000 Board Feet Of Lumber In The F 1 (23.42 KiB) Viewed 12 times
A lumber mill bought a shipment of logs for $40,000. When cut, the logs produced 1,000,000 board feet of lumber in the f
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A lumber mill bought a shipment of logs for $40,000. When cut, the logs produced 1,000,000 board feet of lumber in the f
A lumber mill bought a shipment of logs for $40,000. When cut, the logs produced 1,000,000 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. Type 1-400,000 board feet priced to sell at $0.12 per board foot Type 2-400,000 board feet priced to sell at $0.06 per board foot Type 3-200,000 board feet priced to sell at $0.04 per board foot O $40,000; $24,000. O $24,000; $12,000. O $16,000; $16,000. O $24,000; $8,000. O $13,333; $4,444.