What percent of the joint costs will be allocated to product

Assignment Help Accounting Basics
Reference no: EM132716189

Problem - Three products result from a joint production process. There are 50 units of product B158, 100 units of product B159, and 50 units of product B160. Using the physical units method, what percent of the joint costs will be allocated to product B159?

a - 50%

b - 25%

c - 75%

d - 33%

Reference no: EM132716189

Questions Cloud

How much of the loss is ordinary loss : Larry L Lewis owns all the stock in LLL Corp. Larry sells all his stock which all qualified under section 1244, for $30,000. The stock's basis is $140,000.
How and why was the rite of the mass revised : What do you believe were the intentions of the Council Fathers in regard to the reform of the liturgy? How and why was the rite of the Mass revised?
Determine the total cost of each production department : Determine the total cost of each production department after allocating all support department costs using the sequential method
Prepare journal entries to record merchandising transactions : Prepare journal entries to record each of the merchandising transactions assuming that the company records purchases using the net method and a perpetual.
What percent of the joint costs will be allocated to product : Three products result from a joint production process. Using the physical units method, what percent of the joint costs will be allocated to product B159
How many coins of each type does marysia? have : Marysia has saved ?$41.75 in quarters and loonies. If she has 8 quarters fewer than three-eighths the number of loonies?, how many coins of each type does.
Determine the joint production cost to be allocated : Determine the joint production cost to be allocated to the low- and high-density wood using the net realizable value method
Should the manager investigate the situation : The manager believes that the employee is going to use this day as a personal day off. Should the manager investigate the situation?
What is the single equivalent discount for trade discounts : What is the single equivalent discount for trade discounts of 25%, 5% and 2%? If all three discounts applied to your purchase of inventory.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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