Multiple Choice
Grass Valley Mining mines three products.Gold ore sells for $1,000 per ton, variable costs are $400 per ton, and fixed mining costs are $250,000.Last year the segment margin was $(100,000) . How many tons of gold ore did Grass Valley Mining sell last year?
A) 375 tons
B) 1,000 tons
C) 250 tons
D) 200 tons
Correct Answer:
Verified
Correct Answer:
Verified
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