Mar 02 2014 DunRite Sand and Gravel had a big problem one that weighed approximately 15000 tons at the beginning of 2013 and was getting bigger by the day The company was taking clay gravel and sand from the manmade pond at its Vineland NJ ...We are a professional mining machinery manufacturer, the main equipment including: jaw crusher, cone crusher and other sandstone equipment;Ball mill, flotation machine, concentrator and other beneficiation equipment; …
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The year-end average price of aggregate was $6.80 per ton at the plant site. Of all North Carolina mineral products, construction aggregates represent 84 percent of total quantity and 69 percent of total value. TRANSPORTATION. Over 90 percent of all aggregate is moved by dump truck. Most aggregate is used within 40 miles of where it is produced.
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Get best priceon January 2, 2020. It estimates that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation has a fair value of P 20,000 after which the land can be sold for P 10,000. In 2020, 80,000 tons were quarried and 60,000 tons sold. Cost of production (excluding depletion) are P4 per ton. Required: a.
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Get best priceProduction Machine 2 Table: Production Machine Data Costs and Disbursements Initial cost Salvage value Cost of operators Production Annual operating cost Life in years Production Machine 1 $80,000.00 3 operators at $8.00 per hour 6 tons per hour $15,000.00 $230,000.00 $40,000.00 1 operator at $12.00 per hour 8 tons per hour $35,000.00 5 10
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Get best priceBering Rock acquires a granite quarry at a cost of $590,000, which is estimated to contain 200,000 tons of granite and is expected to take 6 years to remove. What journal entry would be needed to record the expense for the first year assuming 38,000 tons were removed? A. Debit Depletion Expense $112,100; credit Accumulated Depletion $112,100.
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