Zollars Cane Products,Inc

question 81

Multiple Choice

Zollars Cane Products,Inc. ,processes sugar cane in batches.The company buys a batch of sugar cane from farmers for $70 which is then crushed in the company's plant at a cost of $19.Two intermediate products,cane fiber and cane juice,emerge from the crushing process.The cane fiber can be sold as is for $21 or processed further for $13 to make the end product industrial fiber that is sold for $42.The cane juice can be sold as is for $44 or processed further for $26 to make the end product molasses that is sold for $88.How much profit (loss) does the company make by processing one batch of sugar cane into the end products industrial fiber and molasses?

• A)$26
• B)$2
• C)$(24)
• D)$(128)

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Definitions:

Skill-Based Pay

A compensation system where an employee's pay is based on the variety, depth, and complexity of skills and knowledge they can bring to their job, rather than their job title or position.

Informal Reward Programs

Programs or strategies not formally documented within an organization that recognize and reward employees' contributions in non-monetary or indirectly monetary ways.

Flexible Benefits

A benefits plan allowing employees to choose from a range of options, tailoring their benefits package to meet personal needs.

Profit-Sharing Plans

A company incentive program where employees receive a portion of the company's profits in addition to their regular salary.