User Account

All Pages

What is the cost assigned to transparent soaps

Assignment Help Cost Accounting
Reference no: EM132779494

Question - Safe Company produces transparentsoaps, Glycerin soaps as joint products and liquid soaps as a by-product. The bottled liquid soaps can be sold for P2 per liter. Liquid soaps require packaging costs of P0.10 per liter and sales commissions at 10% of sales price. The net revenue of the by-product is treated as a reduction from the joint costs. Joint products are assigned joint costs based on the amount liters produced.

Transparent soaps 320,000 liters

Glycering soaps 160,000 liters

Liquid soaps 1,600 liters

Joint costs P80,000

Required - What is the cost assigned to transparent soaps?

Reference no: EM132779494

Questions Cloud

What is the project NPV : Stanton's marginal tax rate is 40%, it uses a 9% required rate of return to evaluate projects of this type. If the machine cost is $40,000, what is project NPV
Business and its owners in set management : What is the relationship between the business and its owners in SET management
Government organizations often seem more bureaucratic : Government organizations often seem more bureaucratic than for-profit organizations. Could this partly be the result of the type of control used in government?
Central warehouse for supplying field service offices : Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices.
What is the cost assigned to transparent soaps : Liquid soaps require packaging costs of P0.10 per liter and sales commissions at 10% of sales price. What is the cost assigned to transparent soaps
Discuss the purpose and applications of six sigma : Discuss the purpose and applications of Six Sigma. Compare Six Sigma with lean manufacturing by completing the following:
What is the annual percentage rate : L Shark requires that you repay $10,000, plus 50%. What is the annual percentage rate associated with L. Shark's lending activities
What do you feel is the role of a leader within a team : Respond to the following in a minimum of 175 words: What do you feel is the role of a leader within a team? Include examples of leadership you have experience
Analyzes the legal-social and economic environment : Analyzes the basic legal, social, and economic environment in which the organizations operate

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd