Glam company makes two products from a joint input that

Reference no: EM13601365

Glam Company makes two products from a joint input that have the following information: Product X: 50,000 units produced; sales value per unit at split off is $10; total additional processing costs are $400,000; and the sales value per unit after additional processing is $15. Product Y: 30,000 units produced; sales value per unit at split off is $8; total additional processing costs are $300,000; and the sales value per unit after additional processing is $20. The joint cost incurred to produce the two products to the split off point is $600,000. How much joint cost should be allocated to Product X using the relative sales value at split off as the allocation method? Which products (X or Y) should be processed further?

Reference no: EM13601365

Questions Cloud

Wilbur has been offered a job where his salary would be : wilbur has been offered a job where his salary would be 150000 and he would also receive health insurance coverage.

Express the variable and fixed costs in the form y a bx : speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the companys

Barto sayles prides himself on hiring quality workers who : for each of these five separate cases identify the principle of internal control that is violated. recommend what the

Over the years mclaughlin corporations stockholders have : over the years mclaughlin corporations stockholders have provided 35000000 of capital when they purchased new issues

Glam company makes two products from a joint input that : glam company makes two products from a joint input that have the following information product x 50000 units produced

A business issued a 30-day 4 note for 60000 to a creditor : a business issued a 30-day 4 note for 60000 to a creditor on account illustrate the effects on the accounts and

Olympia productions inc makes award medallions that are : olympia productions inc. makes award medallions that are attached to ribbons. each medallion requires 18 inches of

Beacon inc has decided to expand its operations to owning : beacon inc. has decided to expand its operations to owning and operating long term health care facilities. the

Your new client has a computerized accounting system for : your new client has a computerized accounting system for all financial statement cycles. during planning you visisted

User Account

All Pages