Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
XYZ Ltd manufactures two products, Compod and Ultrasene, out of a joint process. The joint costs incurred are $750,000 for a standard production run that generates 120,000 litres of Compod and 80,000 litres of Ultrasene. Compod sells for $6.00 per litre while Ultrasene sells for $9.75 per litre.
Required
Question A. If there are no additional processing costs incurred after the split-off point, calculate, for each production run, the amount of joint cost allocated to Compod on a physical units basis.
Question B. If there are no additional processing costs incurred after the split-off point, calculate, for each production run, the amount of joint cost allocated to Ultrasene on a relative sales value basis.
Question C. Explain what are the net realisable value method and the constant gross profit margin method
Find What is the relevant cost of the 120 kilograms of the raw material when deciding whether to proceed with the special project?
With the relative sales value approach to allocation, what is the smallest value of joint cost that would result in copper showing a loss? What is the smallest value of joint cost that would result in gold showing a loss?
What is the maximum transfer price for XYZ Division? Show calculations. What is the minimum transfer price for MNO Division? Show calculations.
The invoice of a machine is $40,000. Various other costs relating to the acquistion and installation of the machine including transportation, electrical wiring, special base, and so on amount to $7,500.
Last month, 3,000 gallons of direct materials were purchased for $22,800. Compute the direct materials price variance for last month
What are the major issues that need addressing - Suggest some possible issues, and strategies for dealing with those issues, that you might want to discuss with the founder.
Unit variable costs and total fixed costs all remain the same, but the sales mix changes, there is no effect on the breakeven point. Is this true or false?
Calculate the Variable MOH Spending and Efficiency Variance. Discuss the responsibility of Production Manager and Purchasing Manager
What amount of dividends, if any, did Colgate-Palmolive pay to its stockholders in 2015? Applying Financial Statement Relations to Compute Dividends
Compute what is the total revenue at the desired profit needed for Sky High? If the management wants to achieve a desired profit of $100,000
Explore the usefulness of activity-based costing in the implementation customer profitability analysis (CPA) in service industries. Discuss possible drawback
Use the information to determine for the month of March the cost per equivalent unit of direct material and the cost per equivalent unit of conversion
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd