Grass Valley Mining Mines Three Products

question 162

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

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Definitions:

Lactate Fermentation

An anaerobic metabolic process by which glucose or other six-carbon sugars are converted into cellular energy and the metabolite lactate, which is typical in muscle cells under high demand for energy.

Yogurt Production

The process of fermenting milk with specific bacterial cultures to produce yogurt, a thick, creamy, and slightly sour dairy product.

Alcoholic Fermentation

A biological process by which sugars such as glucose, fructose, and sucrose are converted into cellular energy, producing ethanol and carbon dioxide as byproducts.

Lactate Fermentation

A biological process occurring without oxygen where glucose or similar six-carbon sugars are transformed into cellular energy and lactate as a metabolic byproduct.