Each ounce of the vanilla yields 4 bars of best and 3 units

Reference no: EM13581637

Each ounce of the vanilla, yields 4 bars of Best and 3 units of Great. The vanilla costs $21 per ounce. A batch of 15 ounces of vanilla has processing costs (not including the cost of the raw material) of $350 before the split-off point. The selling price for a unit of Best is $12. The selling price for a unit of Great is $24.

1. If the physical quantities method is used to allocate the joint costs, what is the total cost that will be allocated to Best?

Reference no: EM13581637

Questions Cloud

On may 1 2011 ryde inc had common stock of 345000 : on may 1 2011 ryde inc. had common stock of 345000 additional paid-in capital of 1298000 and retained earnings of

Who are the owners of apple computer and therefore the : apple apla is piling up boatloads of cash just not here in the u.s.a.those boatloads are increasing becoming docked in

Assuming that the current ratio was 16 times and the quick : assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction the entry to

If the relative sales value method is used to allocate the : if the relative sales value method is used to allocate the joint costs what is the total cost allocated to

Each ounce of the vanilla yields 4 bars of best and 3 units : each ounce of the vanilla yields 4 bars of best and 3 units of great. the vanilla costs 21 per ounce. a batch of 15

Determine for each year the inventory turnover and the : determine for each year the inventory turnover and the number of days sales in inventory. round interim calculations to

Given laptop sells for 1000 per unit variable cost per unit : given laptop sells for 1000 per unit. variable cost per unit is 400. monthly fixed costs are 2400000. compute the

On april 30 2014 tilton products purchased machinery for : on april 30 2014 tilton products purchased machinery for 88000. the useful life of this machinery is estimated at 8

If a company uses the indirect method to prepare the : if a company uses the indirect method to prepare the statement of cash flows how will a loss from the sale of equipment

User Account

All Pages