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24. The split-off point is the point at which a. output is first identifiable as individual products b. joint costs are allocated to joint products

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24. The split-off point is the point at which a. output is first identifiable as individual products b. joint costs are allocated to joint products c. some products may first be sold. d. all of the above 25. Which of the following capital budgeting techniques may potentially Ignore part of a project's relevant cash flows? a net present value b. internal rate of return 26. Capital Budgeting using the following a. Only financial data b. Only non financial data c. Both financial and non financial data. d. Only badget data Chambers Company-For questioms 27-29 Chambers Company produces two products from a joint process: X and Z. Joint processing costs for this production Disposal Final sale price per Further yard at yard at processing split-offper yard $1.00 3.00 1,500 7.50 11.25 $6.00 33.50 If X and Z are processed further, no disposal costs will be incurred or such costs will be borne by the buyer 27. Refer to Chambers Company. Using a physical measure, what amount of joint processing cost is allocated to Product X (round to the nearest dollar)? a. $4,000 b. $4,757 d. $3,243 28. Refer to Chambers Company. Using a physical measure, what amount of joint processing cost is allocated to Product Z (round to the nearest dollar)? a. $4,000 b. $3,243 C. $5,500 d. $4,757 to Chambers Company. Using sales value at split-off, what amount of joint processing cost is allocated to Product X (round to the nearest dollar)? a. $5,500 c. $4,000 d. $3,243

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