Question
3 4 5 0 $10.000 $20.00 7 11 12 14 D $10.000 $20.00 D 530 515 B $240,000 c D 500 15 16 17 0
3 4 5 0 $10.000 $20.00 7 11 12 14 D $10.000 $20.00 D 530 515 B $240,000 c D 500 15 16 17 0 0 0 0 $10000 19 $20,000 $13,000 $10,000 $20,000 $24,000 20 $12,000 $24.000 21 $10 $15 $18 $25 1. Calculate Instant's gross-margin pertentage for Special Band Special 5 when joint costs are allocated using the following a Sales value at splitoff method b. Physical measure method c. Net realizable value method 2. Recently, instant discovered that the stock it is dumping can be sold to cattle ranchers at $5 per ton. In a typical month with the production levels shown, 4,000 tons of stock are produced and can be sold by incurring marketing costs of $10,800. Sherrie Dong, a management accountant, points out that treating the stock as a joint product and using the sales value at split method, the stock product would lose about $2.228 each month, so it should not be sold How did Dong arrive at that final number, and what do you think of her analysis? Should Instant sell the ?stock
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started