Troester Manufacturing produces products X, Y, and Z from a joint process. Each product can be processed

Question:

Troester Manufacturing produces products X, Y, and Z from a joint process. Each product can be processed further and sold as X-Prime, Y-Prime, and Z-Prime. Information on the operations for the most recent period follows:

^a This amount is the portion of the total joint cost of $288,000 that had been allocated to X.

Required

Determine the value for each lettered item.

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Fundamentals Of Cost Accounting

ISBN: 9781264100842

7th Edition

Authors: William Lanen

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Question Posted: Aug 26, 2022 12:26 AM

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Troester Manufacturing produces products X, Y, and Z from a joint process. Each product can be processed

Question:

Product Units produced Joint costs Sales value at split-off.. Additional costs to convert to Prime........ Sales value as Prime. X 76,800 $144,000* (c) 33,600 336,000 Y 38,400 (b) (d) $ 24,000 184,000 Z 19,200 (a) $72,000 Total 134,400 $288,000 480,000 14,400 72,000 96,000 576,000

Step by Step Answer:

Troester must be using the net realizable value method because ...View the full answer

Fundamentals Of Cost Accounting

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