User Account

All Pages

What is the unit cost of product m

Assignment Help Accounting Basics
Reference no: EM133118669

Question - BSBA Company produced joint products M, N and O from same raw materials with total joint costs P35,000. Other data are as follows: Quantity Produced in units (1,500; 2,500; 1,000); Unit Market value at split-off (P6; P10; P8); Final unit selling price (P10, P12, P15); Additional costs after split off (P3,000; P2,000; P5,000); Quantity Sold (1,200; 2,000; 800). Using the net realizable value, what is the unit cost of Product M?

a. P7.00

b. P8.64

c. P7.80

d. P7.60

Reference no: EM133118669

Questions Cloud

How much did you overpay because of dealer financing : Suppose that you find out that given your credit, you should have only been charged an EAR of 5%. How much did you overpay because of dealer financing?
Compute an amortization schedule : Compute an amortization schedule for a $50000, 10 year annual amortization loan, paying 6.5%. Payments are to be made at the beginning of the year.
Childhood positively effect students reading abilities : Does parent involvement with reading during early childhood positively effect students reading abilities?
What is the current yield : Suppose, two years ago, you purchased a 10-year coupon bond paying 4.5% interest annually with a face value of $1000. It is now two years later and you just rec
What is the unit cost of product m : Additional costs after split off (P3,000; P2,000; P5,000); Quantity Sold (1,200; 2,000; 800). Using the net realizable value, what is the unit cost of Product M
Operational risk and enterprise risk management : Think about operational risk and enterprise risk management (ERM) associated with financial institutions especially banks. Are these principles/rules applicable
The impact of the humanities : How can the perspective of the humanities have a positive impact on your current or future professional career?
Construct an opening balance sheet for the zyx partnership : Zack contributes GreenAcre, a capital asset Allie acquired 4 years ago, worth $1000. Construct an opening balance sheet for the ZYX partnership
Receiving the dividend payment : If you bought the stock now and sold it for $55 two years later after receiving the dividend payment, what rate of return would you earn?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Factors that affect exchange rates in the long run

What are the factors that affect exchange rates in the long run? What happens to the exchange rate (for the domestic currency) when the factors are either increased or decreased?

  This consists of one or two paragraphs with title

This consists of one or two paragraphs with title on what you propose to write about in your term paper. The term paper topic must be relevant to Astronomy involving any aspect of stars, planetary systems, galaxies, cosmology, etc.

  Which act sets the minimum wage

Which act sets the minimum wage, and what is the current wage rate?

  Explain the concept of internal control

Write letter to Ms. Rush in which you explain the concept of internal control and outline a system of internal control over inventory that she can put in place

  What is balance of the estimated warranty liability account

On October 29, 2014, Lobo Co. began operations by purchasing razors for resale. What is the balance of the Estimated Warranty Liability account as of December

  What do you think is the main purpose of financial

bull what do you think is the major purpose of financial statements? why? explain what type of information can

  Calculate cost base and capital gain

Calculate cost base, and capital gain (Loss), and capital gain tax, if any, considering Ajay decided to index and the relevant corporate tax rate is 30%

  How much is revenue to be recognized

The stand-alone prices of the items are: Dining Set - P80,000 per set; Sofa - P100,000 per set; How much is revenue to be recognized in 2020 and 2021

  Calculate the holding loss on inventory

Calculate the holding loss on inventory that will appear on the income statement for the year ended 31 December 2018

  Discuss the management of statement of cash flows

Assume that Karla is subject to the Institute of Management Accountant's (IMA) code of ethics. Discuss the Management of Statement of Cash Flows

  What is the recognized gain or loss from the sale

What is the recognized gain or loss from the sale of each parcel?

  What is tex ordinary income

Cactus does not make any distributions during 2008, but had $200,000 of ordinary income. In 2009, ordinary income was $100,000 and distributions were $100,000. What is Tex's ordinary income for 2009?

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