Solved Bethesda Mining Company This Mini Case is an Chegg
The contract calls for the delivery of 500,000 tons of coal per year at a price of 40 per ton. Bethesda Mining feels that coal production will be 530,000 tons, 630,000 tons, 700,000 tons, and 630,000 tons, respectively, over the next four years. The excess production will be sold in the spot market at an average of 45 per ton.