Estimation of cost
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Anaconda Mining Company shipped 9,000 tons of copper concentrate for $450,000 in March and 11,000 tons for $549,000 in April. Shipping costs for 12,000 tons to be shipped in May would be expected to be:
$548,780
$549,020
$594,000
$598,500
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Solution Summary
The solution shows calculation of total shipping costs for 12,000 tons.
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Please see the response to your posting as below:
Variable cost per ton = (Cost for 11000 tons - cost ...
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