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28 Sep 2019
Christiansen Corporation manufactures joint products W and X.During a recent period, joint costs amounted to $340,000 in theproduction of 20,000 gallons of W and 70,000 gallons of X. Bothproducts will be processed beyond the split-off point, giving riseto the following data:
W X Separable processingcosts $30,000 $150,000 Sales price (pergallon) if processed beyond split-of $14 $10
1.
The joint cost allocated to W under the net-realizable-valuemethod would be: (Do not round your intermediatecalculations.)
$75,556.
$76,667.
$97,143.
$106,250.
None of these.
2.
The joint cost allocated to X under the net-realizable-valuemethod would be: (Do not round your intermediatecalculations.)
$233,750.
$213,333.
$197,143.
$213,750.
None of these.
Christiansen Corporation manufactures joint products W and X.During a recent period, joint costs amounted to $340,000 in theproduction of 20,000 gallons of W and 70,000 gallons of X. Bothproducts will be processed beyond the split-off point, giving riseto the following data:
W | X | |
Separable processingcosts | $30,000 | $150,000 |
Sales price (pergallon) if processed beyond split-of | $14 | $10 |
1.
The joint cost allocated to W under the net-realizable-valuemethod would be: (Do not round your intermediatecalculations.)
$75,556.
$76,667.
$97,143.
$106,250.
None of these.
2.
The joint cost allocated to X under the net-realizable-valuemethod would be: (Do not round your intermediatecalculations.)
$233,750.
$213,333.
$197,143.
$213,750.
None of these.
Hubert KochLv2
28 Sep 2019