rate positively ..
| total joint cost = | $ 200,000 |
| Revenue from A = | |
| 2000*100 | $ 200,000 |
| Revenue from B = | |
| 1000*120 | $ 120,000 |
| % share of A = | 62.50% |
| 200000/(200000+120000) | |
| Joint cost allocated to A= | |
| 200000*62.5% | $ 125,000 |
| Ans = | $ 125,000 |
Joint products A and B emerge from common processing that costs $200,000 and yields 2,000 units...
Jill makes two products out of a joint process—products Beta & Gamma. The joint (common) costs incurred are $800,000 for a standard production run that generates 70,000 pounds of Gamma and 30,000 pounds of Beta. Gamma sells for $9.00 per pound whereas Beta sells for $7.00 per pound. 7) If there are no additional processing costs incurred after the splitoff point, the amount of joint cost of each production run allocated to Beta on a sales value at splitoff basis...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $330,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: ProductSelling PriceQuarterly OutputA$16.00 per pound12,200 poundsB$10.00 per pound19,100 poundsC$22.00 per gallon3,400 gallonsEach product can be processed further after...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $365,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price $ 23.00 per pound $ 17.00 per pound $ 29.00 per gallon Quarterly...
Dorsey Company manufactures three products from a common input
in a joint processing operation. Joint processing costs up to the
split-off point total $350,000 per quarter. For financial reporting
purposes, the company allocates these costs to the joint products
on the basis of their relative sales value at the split-off point.
Unit selling prices and total output at the split-off point are as
follows:
Product
Selling Price
Quarterly
Output
A
$
16
per pound
15,000
pounds
B
$
8
per...
Dorsey Company manufactures three products from a common input in a
joint processing operation. Joint processing costs up to the
split-off point total $330,000 per quarter. For financial reporting
purposes, the company allocates these costs to the joint products
on the basis of their relative sales value at the split-off point.
Unit selling peices and total output at the split-off point are as
follows:
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $390,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product A B C Selling Price $ 28.00 per pound $ 22.00 per pound $ 34.00...
Two products, Oland VH, emerge from a joint process. Product Qi has been allocated $12,300 of the total Joint costs of $33.000. A total of 1,900 units of product Ol are produced from the joint process. Product Ol can be sold at the spilt-off point for $13 per unit, or It can be processed further for an additional total cost of $11,000 and then sold for $15 per unit. If product Q ls processed further and sold, what would be...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $360,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output A $ 22.00 per pound 13,400 pounds B $ 16.00 per...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $365,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output A $ 23.00 per pound 13,600 pounds B $ 17.00 per...
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $385,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output A $ 27.00 per pound 14,400 pounds B $ 21.00 per...