Solution-How much of the joint cost will be assigned to

How much of the joint cost will be assigned to product b

Assignment Help Cost Accounting

Reference no: EM132665699

Joint products A and B emerge from common processing that costs $240,000 and yields 2,000 units of Product A and 1,000 units of Product B. Product A can be sold for $100 per unit. Product B can be sold for $50 per unit.

Problem 1: How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of relative sales values?

Problem 2: What is Product B's profit if joint costs are allocated on the basis of relative sales values?

Problem 3: How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of number of units produced?

Problem 4: What is Product B's profit if joint costs are allocated on the basis of number of units produced?

Reference no: EM132665699

Questions Cloud

What are key search terms identified in practice question : Does motivational interviewing during a regularly scheduled well-child visit for children between 5-19 years with a BMI of 30 and above as compared to practice.

The power of effective speaking : Which one of the strategies listed below do you believe will best help you prepare to deliver your introductory speech in an online environment?

How do estimate the total fixed operating costs per month : Great Eastern Inns has a total of 2,000 rooms in its chain of motels located in eastern Canada. Estimate the total fixed operating costs per month.

What maximum amount perfume division would be willing to pay : The Bottle Division has sufficient capacity to meet all external market, What is the maximum amount Perfume Division would be willing to pay for the bottles?

How much of the joint cost will be assigned to product b : Joint products A and B, How much of the joint cost will be assigned to Product B if joint costs are allocated on the basis of relative sales values?

Reflection activity for emerging threats and countermeas : We are going to complete a reflection activity for Emerging Threats and Countermeas. What were some of the more interesting assignments to you?

Advanced machine learning assignment : Advanced Machine Learning Assignment - Create a RL agent that finds a policy using (all) level 3 state information - Write a description explaining

Derive a total cost formula : SR Co. uses the? high-low method to derive a total cost formula. Using a range of units produced from 2,000 to 5,000?, and a range of total costs

Should LF Manufacturing replace the old machine : Should LF Manufacturing replace the old machine. Dietrich Computers makes 5,600 units of a circuit board, CB76 at a cost of $240 each.

User Account

All Pages

How much of the joint cost will be assigned to product b

Reference no: EM132665699

Reference no: EM132665699

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT