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What cost would be assigned to each product

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Reference no: EM132658888

XYZ prepares batter to produce chocolate chip cookies and raisin cookies.Batter costs $85000 in each batch.

  • The process using batter produces 65000 chocolate chip cookies with a market value of $35000
  • The process using batter produces 20000 raisin cookies with a market value of $135000.
  • Costs incurred in operating in the baking machine is $88000

Question 1: Costs of batter and operating the baking machine are allocated on the basis of units of output then what cost would be assigned to each product?

Question 2: Costs of batter and operating the baking machine are allocated on the basis of net realizable value then what cost would be assigned to each product?

Question 3: How can we determine whether chocolate chip cookies or raising cookies were more profitable for the company?

Reference no: EM132658888

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