On july 23 of the current year, dakota mining co. pays $7,813,200 for land estimated to contain 9,192,000 tons of recoverable ore. it installs and pays for machinery costing $1,746,480 on july 25. the company removes and sells 471,250 tons of ore during its first five months of operations ending on december 31. depreciation of the machinery is in proportion to the mine's depletion as the machinery will be abandoned after the ore is mined. (e) if the machine will be used at another site when extraction is complete, how would we depreciate this machine?

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Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.