Solution-What is the byproduct net revenue reduction

What is the byproduct net revenue reduction

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Reference no: EM132706260

Beginning Inventory is 0 for both Production X and production Y. Production X is 4375 and Production Y is 10,000. Production X Sales 4000 and production Y sales is 9625. Ending Inventory for Product X is 375 and for Product Y is 375.

Athens Company processes 15,000 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $8 per gallon and Product Y, the main product, sells for $100 per gallon. The following information is for August:

The manufacturing costs totaled $30,000.

Problem 1: What is the byproduct's net revenue reduction if the byproduct is not recognized in the general ledger during production and their revenues are a reduction of cost?

Reference no: EM132706260

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What is the byproduct net revenue reduction

Reference no: EM132706260

Reference no: EM132706260

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