Question: Roll in the Hay Inc provides harvesting services In June
Roll in the Hay, Inc., provides harvesting services. In June, the business earned $3,600 by cutting, turning, and baling 6,000 bales. During the month, the following costs were incurred: gas, $900; tractor maintenance, $360; and labor, $1,200. Annual tractor depreciation is $3,000. What was the company’s cost per bale? (Round to the nearest cent.) What was its revenue per bale? Should the price per bale be increased?
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