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Dec 27, 20180183;32;Cost of Goods Sold Journal Entry Example. Simple version ABC International has a beginning balance in its inventory asset account of $500,000. It buys $450,000 of materials from suppliers during the month. At month end, it counts its ending inventory and determines that there is $200,000 of inventory on hand. The cost of goods sold journal
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The Pierina Gold/Silver Mine produced 152,000 ounces of silver last year at a cost of $852/ounce. This means that the once lowest cost gold mine in the world, has become one of the highest cost gold mines in the world. Major mining companies have operating gold mines with total cash cost of gold ranging from $500/ounce to $600/ounce in 2012.
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Cost and Grade with a 100 TPD CVL Plant $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 Au Grade of Resource Grams/ Tonne C1 $ per oz C2 $ per oz Current Price of Gold
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The cost data above referred to has been compiled from actual operating results and shows the cost of milling both for the old 50 ton plant and the new 100 ton concentrator, as is now in use. Note the reduction in milling costs through the use of the new flowsheet which includes an 8
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100 to 125 TPD Process Plant Design amp; Equipment View Larger Image The 100 to 125 Ton/Day Mill is arranged along the same standard lines as the smaller mills, and a large oversize forced feed crusher is recommended for primary crushing.
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