Solution-How to allocates joint costs based on number of

How to allocates joint costs based on number of units

Reference no: EM132561176

Question 1: Which of the following costs shall be considered prime costs but not conversion cost?

a. Acquisition price the main material of the product

b. Depreciation of the administrative building

c. Salary of the factory supervisor factory janitor and factory security guard

d. Employee benefits of the factory machine operator

Question 2: This method of allocating joint manufacturing costs to main products allocates joint costs based on number of units or physical quantity such as weight, volume or length of each product relative to total production.

a. Market value at split-off approach

b. Hypothetical market value or approximated net realizable value approach

c. Average unit or production output method

d. Weighted average method

Reference no: EM132561176

Questions Cloud

Determine what the cost per unit would be : If the company manufactures 2,400 units in the next year, What the cost per unit would be? Direct labour 90,000 Manufacturing ` 60,000 (25% fixed) overhead

Describe the theory of henderson in brief : "The unique function of the nurse is to assist the individual, sick or well, in the performance of those activities contributing to health or its recovery.

How could a bacteria become resistant to your antibiotic : How could a bacteria become resistant to your antibiotic? Your answer should include the concepts of mutation and natural selection.

Giotto di bondone-art renaissance history essay : Giotto di Bondone is one of best-known artists of the Early Renaissance in Italy, influential in developing what came to be the "Renaissance" style of painting

How to allocates joint costs based on number of units : How to allocates joint costs based on number of units or physical quantity such as weight, volume or length of each product relative to total production.

How can such error be avoided to support better patient care : Identify examples of active and latent errors. Provide examples from your clinical experience, if possible. How can such errors be avoided to support better.

While intelligence expresses itself in understandable : While intelligence expresses itself in understandable, logical behavior, which makes it measurable, calculable, and controllable, the conduct of the stupid

Discuss the issues of integrity in the case : Discuss the issues of integrity in this case. Should criminal charges be considered in this case, if accurately reported? Discuss your answer.

Dependent and control variables : For your assigned antibiotic, describe an experiment that you could use to determine if a bacterial sample taken from a person

User Account

All Pages

How to allocates joint costs based on number of units

Reference no: EM132561176

Reference no: EM132561176

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