Information concerning a mine is as follows:
Required:
Compute the total cost of inventory at the end of the year.

Question

Information concerning a mine is as follows:  Required:Compute the total cost of inventory at the end of the year.

alicia flores · Accepted Answer

Final Answer : ($400, 000 + $110, 000 + $45, 000 - $25, 000)/500, 000 = $1.06 $1.06 + $3.15 = $4.21 (120, 000 - 90, 000 tons)´ $4.21 = $126, 300 total cost of inventory

Information concerning a mine is as follows:
Required:
Compute the total cost of inventory at the end of the year.

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