Question: A company decides to close down its plastics division. It has on hand 21 tons of styrene monomer, a raw material that has a market

A company decides to close down its plastics division. It has on hand

21

tons of styrene monomer, a raw material that has a market price of

$800

per ton, which had been originally purchased at

$750

per ton. Given that the company has no use for the styrene monomer, and that it would cost the company

$5,100

to store it, what is the value of the

21

tons of styrene monomer to the company?

A.

$15,750

B.

$16,800

C.

$0

D.

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