User Account

All Pages

General chemical produced 12000 gallons of breon and 32000

Assignment Help Accounting Basics
Reference no: EM13592342

General Chemical produced 12,000 gallons of Breon and 32,000 gallons of Baron. Joint costs incurred in producing the two products totaled $7,000. At the split-off point, Breon has a market value of $8.00 per gallon and Baron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Breon if the value basis is used.

Reference no: EM13592342

Questions Cloud

Project a and project b are mutually exclusive if project a : project a and project b are mutually exclusive. if project a has a higher internal rate of return irr than project b
Assuming that total dividends declared in 2012 were 35000 : toggles fishing fleet had 20000 shares of 5 20 par value preferred stock and 15000 shares of 25 par value common stock
Two men on opposite sides of a tv tower of height 26 m : two men on opposite sides of a tv tower of height 26 m notice the angle of elevation of the top of this tower to be 45
Colorado is considering how to motivate workers to improve : colorado industries manufactures electronic testing equipment. colorado also installs the equipment at customers sites
General chemical produced 12000 gallons of breon and 32000 : general chemical produced 12000 gallons of breon and 32000 gallons of baron. joint costs incurred in producing the two
As seen from the top of the first tower the angle of : two towers face each other separated by a distance d15 m. as seen from the top of the first tower the angle of
Given targets stock price was 50 per share at the end of : given targets stock price was 50 per share at the end of january 2011 what was targets pe ratio as of that date? if the
The gros earning of the factory worker for vargas company : the gros earning of the factory worker for vargas company during the month of january are 66000. the employers payroll
The angle of depression to the top of the mast and the base : a ship of height h9 m is sighted from a lighthouse. from the top of the lighthouse the angle of depression to the top

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the companys prior service cost at the beginning of

sachs brands defined benefit pension plan specifies annual retirement benefits equal to 1.5 times service years times

  You are the cfo of a bank which has three options for

you are the cfo of a bank which has three options for purchasing a piece of land. first you can pay 200000 today.

  Labor to production at a cost

If a company assigns factory labor to production at a cost of $42,000 when standard cost is $40,000, it will:

  Prepare a comparative condensed income statement

Prepare a comparative condensed income statement for 2001 under FIFO and LIFO. Which cost flow method (FIFO or LIFO) produces the most meaningful inventory for the balance sheet? Why? Which cost flow method produces the most meaningful net income? Wh..

  Fenwicke company organized and began operating a subsidiary

fenwicke company organized and began operating a subsidiary in a foreign country on january 1 2015 by investing lcu

  Identify the ceproc statutes

What should you do? Identify the CEPROC statutes you should consider in dealing with this ethical dilemma

  Which product gf10 or gf20 would result in a net decrease

grassy fertilizer manufactures two lines of garden grade fertilizeras part of a joint production process gf10 and gf20.

  Recognizing revenue when it is earned and not when cash is

recognizing revenue when it is earned and not when cash is received and recognizing expenses when the related goods or

  The board of directors of a corporation are elected by the

the board of directors of a corporation are elected by the corporate registrar. b. are responsible for day-to-day

  Transaction to achieve better tax consequences

What are the tax consequences of the asset transfer and land sales if Gene contributes the land to Dee Corporation in exchange for all its stock? What alternative methods can be used to structure the transaction to achieve better tax consequences?

  Company produces two products the following information is

company produces two products. the following information is available product x selling price per unit- 46 variable

  The cash account balance was 38750 during june cash

on june 1 the cash account balance was 38750. during june cash payments totaled 239140 and the june 30 balance was

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