Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. janus corporation has in stock 43,700 kilograms of

Janus Corporation has in stock 43,700 kilograms of material L that it bought five years...

60.1K

Verified Solution

Question

Accounting

image

Janus Corporation has in stock 43,700 kilograms of material L that it bought five years ago for $6.10 per kilogram. This raw material was purchased to use in a product line that has been discontinued. Material L can be sold as is for scrap for $3.23 per kilogram. An aiternative would be to use material L in one of the company's current products, E99D, which currently requires 2 kilograms of a raw material that is available for $9.45 per kilogram. Material L can be modified at a cost of S0.62 per kilogram so that it can be used as a substitute for this material in the production of product E99D. However, after modification, 3 kilograms of material L is required for every unit of product E99D that is produced. Janus Corporation has now received a request from a company that could use material L in its production process. Assurming that Janus Corporation could use all of its stock of material L to make product E99D or the company could sell all of its stock of the material at the current scrap price of $3.23 per kilogram, what is the minimum acceptable selling price of material L to the company that could use material L in its own production process? $3.23 $5.68 $6.92 $2.45

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Name 3 means of communicating that Hard of hearing or deaf people might use? Name 3 types...

Physics
1.2K views

A solid conducting sphere has cavity as shown in figure A charge q is situated...

Basic Math
1.2K views

Graph this line using the slope and y-intery = 8x - 7Click to select points...

Algebra
1.2K views

Describe the real solutions for the equation 4x 9x 7 0 OTwo distinct real solutions...

Accounting
1.2K views

1. A jub order cost slueet for Michaels company is shown...

Accounting
1.2K views

Evaluate the validity of the following statement, giving examples to support your evaluation, Tests of...

Accounting
1.2K views

Determining Amounts in Operating Lease-Lessee Kulver's Inc. leases equipment from Equip Inc. on...

Accounting
1.2K views

Prior to incorporation, Claire entered into a contract with Phil to provide computers to a...

Accounting
1.2K views

Compute the differential cost (including design costs) and the contribution to profit for eac Complete...

Accounting
1.2K views

2 What is the payback period foresaherobuc? Null Year Pontialseat [Ue formula] Sirela sapp Fa...

Accounting
1.2K views

On December 1,2025 Blossom Distributing Company had the following account balance

Finance
1.2K views

PLZ PLZ HELP HERE ASAP Given the following balance sheet and income statement for brb...