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| Ferrier Chemical Company | ||||
| Workings for Answer a | ||||
| Calculation of Weight of base | Units produced | Weight | ||
| B7 | 35,000.00 | 23.33% | This is 35000 units divided by 150000 units. | |
| K6 | 75,000.00 | 50.00% | This is 75000 units divided by 150000 units. | |
| X9 | 40,000.00 | 26.67% | This is 40000 units divided by 150000 units. | |
| Total | 150,000.00 | 100.00% | ||
| Answer a | A | B | C=A*B | |
| Allocation of Joint costs | Allocation rate | Weight of base | Allocated cost | |
| B7 | 600,000.00 | 23.33% | 140,000.00 | |
| K6 | 600,000.00 | 50.00% | 300,000.00 | |
| X9 | 600,000.00 | 26.67% | 160,000.00 | |
| Total | 600,000.00 | |||
| Workings for Answer b | ||||
| Calculation of Weight of base | Units produced | Sell Price | Market Value | Weight |
| B7 | 35,000.00 | 6.00 | 210,000.00 | 13.13% |
| K6 | 75,000.00 | 10.00 | 750,000.00 | 46.88% |
| X9 | 40,000.00 | 16.00 | 640,000.00 | 40.00% |
| Total | 150,000.00 | 1,600,000.00 | 100.00% | |
| Answer b | D | E | F=D*E | |
| Allocation of Joint costs | Allocation rate | Weight of base | Allocated cost | |
| B7 | 600,000.00 | 13.13% | 78,750.00 | |
| K6 | 600,000.00 | 46.88% | 281,250.00 | |
| X9 | 600,000.00 | 40.00% | 240,000.00 | |
| Total | 600,000.00 |
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