User Account

All Pages

Find the joint costs allocated to alpha

Assignment Help Cost Accounting
Reference no: EM132567173

Jordan, Inc. produces 2 products from a joint process costing $24,000. The results from the most recent period follow:

                  Sales Value Separable                  Sales  Value After

Product       Tons           at Split-Off                   Costs             Further Processing

Alpha-1         800               $10,000                   $12,000            $24,000

Alpha-2         400                  8,000                      4,000                 20,000

Question 1. If Jordan uses the sales value at split-off point method, the joint costs allocated to Alpha-1and Alpha-2 would be?

Question 2. If Jordan uses the net realizable value method or ultimate market value, the joint costs allocated to Alpha-1 and Alpha-2 would be?

Question 3. If Jordan uses the average unit cost method, the joint costs allocated to Alpha-1 and Alpha-2 would be?

Reference no: EM132567173

Questions Cloud

Core skills and transformational mind-set : Analyze the primary manner in which these skills aid IT professionals when an organization must implement information system changes.
What is Bobs basis in the warehouse and in the land : The appraised fair market value of the warehouse was $117,000, and the appraised value of the land was $174,000. What is Bob's basis in the warehouse
What is the downward force on the left most pylon : A 200 kg box is centered at 5m from the left end of the beam what is the downward force on the left most pylon?
Unit 05 Strategic Audit Assignment : Unit 05 Strategic Audit Assignment Help and Solution, OTHM Level 7 Diploma in Accounting and Finance - Assessment Writing Service
Find the joint costs allocated to alpha : Find the joint costs allocated to Alpha-1 and Alpha-2 would be? If Jordan uses the net realizable value method or ultimate market value.
What is the maximum torque you can exert under : A wrench 30 cm long is attached to a nut and blot. You exert a 15N force on the wrench. What is the maximum torque you can exert under these conditions?
What is Woolard total depreciation deduction for the year : Woolard Supplies has taxable income in 2019 of $240,000, If Woolard elects $50,000 of §179, what is Woolard's total depreciation deduction for the year
What horizontal distance away from the target : At what horizontal distance away from the target should the package be released so that it lands on the target? Express your answer in meters.
Magnitude of the frictional force between the bugs feet : A 1 gram bug hangs on to the end of a 50 cm fan blade what is the magnitude of the frictional force between the bugs feet and the blade

Reviews

Write a Review

Cost Accounting Questions & Answers

  Explain is depreciation a source of cash flow

Murphy is preparing for a meeting with her banker. Her business is finishing its fourth year of operation. In the first year, it had negative cash flows from operation. In the second and third years, cash flows from operations were positive.

  Youcpa is a regional cpa firm engaged in public audit work

youcpa is a regional cpa firm engaged in public audit work of small- and medium-size firms in the midwest. the youcpa

  Determine the amount of the ending inventory

Eloise Camera Shop uses the lower-of-cost-or-market basis for its inventory and Farman Appliance Mart began operations on May 1. It uses a perpetual inventory system.

  What is the net cost of the refrigerator to the dealer

What is the net cost of the refrigerator to the dealer, assuming it is paid for within 10 days of purchase?

  Estimate for the firms tax

Estimate for the firm's for four divisions that is Audit, Tax, Insolvency, and Corporate Finance.

  Compute price and usage variances for materials

Compute price and usage variances for materials. Compute the labor rate and labor efficiency variances. Compute the fixed overhead spending and volume variances.

  How stakeholder in company are likely to react to impairment

Examine relationship between acquisition costs of entity that you researched and the goodwill impairment charges related to the acquired entity. Indicate how stakeholders in the company are likely to react to the impairment.

  Journalize the transactions in denvers general journal

Purchased computer equipment at a cost of $9,000, signing a six-month, 6% note payable for that amount.

  Provide a brief definition of a compilation

Explain one difference in auditor's procedures when conducting a evaluation under SSARS vs. a review of interim financial information conducted under auditing standards.

  Calculate operating cash flow using the four approaches

Calculate operating cash flow using the four different approaches described in the chapter and verify that the answer is the same in each case.

  How much overhead was applied to inventory

How much overhead was applied to inventory over the course of the year?

  Prepare the journal entry to record the sale of these bonds

Nike, issues $267,000, 10-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2017

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd